YES Bank: ICICI Securities said it remained concerned on the bank’s muted operating earnings. It said pre-provision operating profit (PPOP) as percentage of assets stood at 1 per cent for the bank in FY23 and it sees only a gradual improvement
Shares of private sector lender YES Bank are in focus today after the bank's net profit climbed 10.26 per cent to Rs 342.52 crore in the first quarter of this fiscal. The profit in Q1 FY23 came at Rs 314.3 crore. In the previous session, YES Bank stock ended 1.86% higher at Rs 18.06 against the previous close of Rs 17.73 on BSE.
Kotak Bank Q1 Results LIVE: Kotak Mahindra Bank is likely to post a net profit of Rs 3,182 crore, representing a 53 percent jump YoY, as per the average of a poll of estimates of brokerages.