YES Bank Soars 9% After Q4 Results

YES Bank shares jumped 9% to Rs 28.50 after a 123% surge in Q1 profits.

Tax Refund Boost

A Rs 247 crore tax refund, including interest, significantly bolstered Q1 earnings

Strengthened Assets

Use of one-off gains has halved the NNPA, enhancing asset quality metrics.

Consistent Net Interest Margins

Q4 NIMs held steady at 2.4%, with balance sheet growth surpassing Rs 4 lakh crore.

Growth Trajectory

A Rs 247 crore tax refund, including interest, significantly bolstered Q1 earnings

Potential Stake Sale

Reports suggest SBI may sell its 25% stake, attracting global investo