05-01-2021 09:54 AM | Source: IANS
Yes Bank reports net loss of Rs 3,788 cr in Q4
Yes Bank on Friday reported a standalone net loss of Rs 3,787.75 crore for the January-March quarter.
Its gross NPA was 15.41 per cent during the fourth quarter of last fiscal, down from 16.80 per cent reported in the same quarter in FY20.
The total income of the bank during the fourth quarter of FY21 stood at Rs 4,805.30 crore.
"FY21 was the year of rebuilding the foundation of Yes Bank. Bank demonstrated significant improvement in performance across key indicators despite severe headwinds of Covid-19 amd moratorium imposed on the bank in March 2020," the bank said.
Its deposits rose over FY20 by 55 per cent to Rs 1.63 lakh crore.
Latest News
Weekly Note by Mr. Ajit Mishra, SVP - Research, Reli...
Views on Indian Rupee By Rajani Sinha, Chief Economi...
From progress to prosperity: India`s economic moment...
Byju`s pays April salary in full, except to sales em...
Raymond posts 18 per cent jump in Q4 net profit at R...
Zomato CEO calls experienced ex-restaurateurs to hel...
RBI tweaks rules to cut risk banks face in exposure ...
Daily Market Commentary : Nifty after marking a new ...
Priyanka says being part of `Womb` has been nothing ...
Buy Zinc Above 259 SL. BELOW 256 TGT 263/264 - Axis...