The bank had posted a loss of Rs 600.08 crore in the corresponding quarter last year.
The lender’s net profit stood at Rs 45.44 crore in the previous quarter ending June 30.
The percentage of gross non-performing assets (ANP) stood at 16.30% compared to 17.30% quarter-on-quarter. Likewise, the net NPA reached 4.71% compared to 4.96%.
Provisions fell 11.10 percent year on year to 1,187 crore. However, the figure registered an increase of 9.3% quarter-on-quarter.
Net interest income (NII) decreased 9.70 percent year-on-year to Rs 1,973 crore, while non-interest income decreased 25.30 percent yoy to Rs 707 crore.
The net interest margin stood at 3.1% in the second quarter of fiscal year 21 compared to 2.7% last year. The relationship between costs and revenues was reduced from 53.40% to 49.30%.
Earlier in the day, YES Bank shares closed 4.95% higher at Rs 13.35, while the benchmark BSE Sensex index closed 0.31% higher at 40.685.
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