YES BANK LTD. - 532648 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Disclosure under Regulation 30 read with clause 15 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations')
Yes Bank Share Price Live blog for 30 Oct 2023
Yes Bank stock price went up today, 30 Oct 2023, by 0.57 %. The stock closed at 15.88 per share. The stock is currently trading at 15.97 per share. Investors should monitor Yes Bank stock price closely in the coming days and weeks to see how it reacts to the news. YES BANK LTD. - 532648 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
Intimation about acquisition in J.C. Flowers Asset Reconstruction Private Limited- under Regulation 30 of the Listing Regulations. YES BANK LTD. - 532648 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Earnings Call for the un-audited Financial Results (Q2) ended on September 30, 2023
Reduce Yes Bank; target of Rs 14: ICICI Securities
ICICI Securities recommended reduce rating on Yes Bank with a target price of Rs 14 in its research report dated October 24, 2023.
Buy Equitas Small Finance Bank; target of Rs 120: YES Securities
YES Securities is bullish on Equitas Small Finance Bank has recommended buy rating on the stock with a target price of Rs 120 in its research report dated October 21 2023. Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for YES Bank Ltd.
Yes Bank announced Q2FY24 & H1FY24 results: Net Profit for Q2FY24 at Rs 225 crore grows 47.4% YoY Non-interest income at Rs 1,210 crore, up 38.4% YoY and 6.0% QoQ Provision Costs (non-tax) down 14.1% YoY Advances growth at 11.2% YoY (adjusted for ARC transaction) Retail Advances crossed Rs 1 lakh crore during the quarter, up 27.2% YoY SME Advances crossed Rs 30,000 crore during the quarter up 25.0% YoY Mid Corporate Segment Advances up 26.7% YoY New Disbursements of over Rs 28,000 crore in Q2FY24 Deposits grew 17.2% YoY and 6.8% QoQ CASA Ratio stable QoQ at 29.4% despite challenging environment 3.91 lakh CASA Accounts opened during the quarter All-around improvement in Asset Quality parameters GNPA ratio at 2.0% vs. 12.9% in Q2FY23 and flat QoQ NNPA ratio lower at 0.9% v/s. 3.6% last year and 1.0% last quarter Net carrying value of SRs as % of Advances at 1.1% in Q2FY24 vs. 1.3% last quarter Provision Coverage Ratio (PCR) at 56.4% v/s. 48.4% last quarter. Including Technical W/O, and PCR at 72.1% v/s. 67.8% Resolution Momentum strong with Total Recoveries & Upgrades for Q2FY24 at Rs 1,352 crore. H1FY24 cumulative recoveries and upgrades at Rs 2,553 crore. Commenting on the results and financial performance, Prashant Kumar, Managing Director & CEO, YES BANK said, “The Bank’s Q2FY24 performance is a testament to the strength of the core franchise that the Bank has built through significant strategic interventions during the last three years. Amidst a challenging environment with respect to interest rates, deposit growth slowdown, as well as tightening liquidity, the Bank has managed to deliver YoY expansion in both operating profitability and net profitability. At the same time, the fortification of Balance Sheet from Asset Quality standpoint continues, supported by robust redemptions from the Security Receipts. The Bank has also been consistently putting together the key pieces of the puzzle as it accelerates along its path of profitability expansion. Few such highlights during the quarter included the launch of our next gen mobile banking app ‘iris by YES BANK’, setup of a dedicated Strategy & Transformation Office; and further strengthening of our Management Team through two key senior level appointments - Head of Wholesale Banking and Head of Strategy & Transformation.” Result PDF YES BANK LTD. - 532648 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio recording of Earnings Call for the un-audited Financial Results of the Quarter (Q2) and half year ended September 30, 2023
Yes Bank shares dip after Q2 results 2023. Experts see good opportubity to buy
Yes Bank shares: Despite weak results, fundamentals are improving quarter after quarter ever since SBI took over the mangement of crisis-hit private lender, say experts YES Bank Q2 PAT up 47% on fall in provisions, strong recoveries
Advances grew 8.7 per cent yoy and 4.4 per centqoq to Rs 2.1 lakh crore.