New Delhi, April 20 -- Yes Bank share price surged over 3% on Monday, April 20, following the private bank's strong Q4 results announcement, which showed a 44.8% increase in net profit year-over-year to Rs.1,068.4 crore, up from Rs.738 crore during the same time last year, as reported by the company on Saturday, April 18.
The bank reported healthy growth in core earnings, with net interest income (NII) rising 16% YoY to Rs.2,637.7 crore from Rs.2,276.3 crore. Net interest margin (NIM) for Q4FY26 improved to 2.7%, up 20 basis points YoY and 10 basis points sequentially, aided by a lower cost of deposits and reduced PSL shortfall balances. For FY26, NIM stood at 2.6%, reflecting a 20 bps YoY expansion.
Loan growth remained robust, with ne...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.