YES Bank is ready to announce its second quarter results today
NEW DELHI: The private sector bank of India, YES Bank, is prepared to declare its earnings for the second quarter of today, that is, on November 1, 2019. In the last quarter (first quarter of 19), YES Bank reported a massive 91% year-on-year increase in earnings to Rs 114 crore due to the flexibility that followed in revenue and asset quality along with greater digital penetration.
In the same quarter of the previous year, YES Bank showed a fall of 3.8% year-on-year (year to year) to Rs 964.70 crore. The price of YES Bank shares falls to 2 percent in the first operations on Friday, November 1, 2019, trading at Rs 67.70 (NSE and BSE) at 11.15 a.m.
With volatile rate revenue trends and high landslides, it is quite interesting to see how YES Bank performed in the second quarter of 2019.
(With agency contributions)