Q3 earnings impact: Yes Bank stock tanks over 12%
Shares of private lender Yes Bank tumbled 12.4% to Rs 17.35 in Monday's trade after the bank reported an 80.66% year-on-year (YoY) drop in its standalone December quarter net profit to Rs 51.52 crore due to ageing-related provisions. Its net interest income improved by 11.7% YoY at Rs 1,971 crore in Q3.
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