Shares of YES Bank dropped about 3.5 per cent at the opening tick to Rs 24.55 on Friday, but the stock staged a swift rebound of 5.17 per cent to Rs 25.82.
Brokerage firms tracking YES Bank said the lender may report a strong performance in the terms of bottomline, but the net interest income and asset quality may remain under pressure
YES Bank s Q4 FY24 Highlights: Net profit soared by 123% Y-o-Y to ₹452 crore, surpassing expectations. NIM held steady at 2.4%, with strong growth in non-interest income and robust improvements in asset quality.