Epic Research

Friday, October 26, 2018

YES Bank plummets 15% on disappointing Q2 results


Shares of YES Bank tumbled 15 percent in Friday’s trade after the private sector lender reported a 3.8 percent year-on-year drop in profit at Rs 964.70 crore for the September quarter on onetime hit on mark-to-market (MTM) investments in corporate bonds and higher provisions on loans to a corporate client.

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