Banking News
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Source: Economic Times
Economic Times
Source
Earnings & Results
Category
4 min
Read time
17 Oct
Published
Earnings & Results
4 min read· Economic TimesYes Bank Q2 profit beats estimates, but Supreme Court's AT1 bond ruling impact not booked as lender weighs further appeal
Yes Bank reported a 65% year-on-year rise in second-quarter profit to Rs 1,080 crore, beating analyst estimates. However, the lender said it could have posted a loss of Rs 5,217 crore had it accounted for the Supreme Court ruling setting aside its Rs 8,400 crore AT1 bond write-off. The bank is evaluating the ruling's f…
Yes Bank reported a 65% year-on-year rise in second-quarter profit to Rs 1,080 crore, beating analyst estimates. However, the lender said it could have posted a loss of Rs 5,217 crore had it accounted for the Supreme Court ruling setting aside its Rs 8,400 crore AT1 bond write-off. The bank is evaluating the ruling's f
Source: Economic Times
