Yes Bank Share price today: Asset Quality issues will remain in focus highlights Elara Capital and Anand Rathi
Yes Bank Share price today: Elara Capital highlights that the new stressed loans stood at 17% while outstanding stress stood at 39% for Yes Bank. PAT of Rs 1.5 bn in Q3 FY21 grew 16% QoQ but declined 101% YoY. While there was strong sequential growth in Yes Bank operating profit and deposits, asset quality deteriorated sharply.
Yes Bank total outstanding stress loans rose sharply to 39% from 29% QoQ with proforma GNPLs rising from 18% to 20% and standard stress loans rising from 11% to 19%: Reuters