Yes Bank has reported profit growth of 22 percent despite sharp jump in provisions for bad loans, driven by non-interest income, NII and operating income.
Profit for the quarter increased to Rs 1,076.87 crore from Rs 882.63 crore in year-ago, which was in line with estimates.
Net interest income, the difference between interest earned and interest expended, grew by 27 percent year-on-year to Rs 1,888.8 crore for quarter ended December 2017, which missed estimates.
The bank saw robust growth in loan as well as deposits growth