New Delhi, Oct. 18 -- Yes Bank reported a net profit of Rs.654.5 crore in the second quarter of FY26, registering a growth of 18.3% from Rs.553 crore in the year-ago period, helped by higher other income and lower interest expenses.

However, on a sequential basis, the bank's net profit declined 18.3% from Rs.801.06 crore as on June 30, 2025.

The private sector lender's net interest income (NII) grew 4.5% to Rs.2,300.88 crore compared with the Rs.2,200.44 crore in the same quarter of the last financial year.

Net Interest Margin (NIM) for Q2FY26 at 2.5% was up 10 bps YoY and flattish QoQ, as reduction in balances of deposits made in lieu of PSL shortfall and deposit rate cuts/ repricing impact, largely offset the Asset repricing impact, ...