Yes Bank Shares Gain On Robust Q1 Numbers, But Flattish Sequential Growth Weighs

Yes Bank Shares Gain On Robust Q1 Numbers, But Flattish Sequential Growth Weighs

Shares of Yes Bank were climbing on Wednesday following a robust first-quarter update, showcasing steady earnings and improving asset quality. However, on a sequential basis, the numbers weren’t as promising. What Happened: The private lender reported a 15% year-on-year growth in loans and advances for the first quarter ended June, with loans reaching ₹2.29 lakh …

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