Yes Bank posted 1QFY11 PAT growth of 56% YoY to Rs1.6b (against our estimate of Rs1.4b), driven by strong loan growth (up 107% YoY) and other than expected provisions. Non-interest income declined by 10% QoQ and 5% YoY to Rs1.4b due to a fall in financial markets income, however income from financial advisory remains strong...
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Source: Dalal Street Investment Journal
Dalal Street Investment Journal
YES BANK - Research Report
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