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Yes Bank reports jump in NPAs, shares see selling pressure

Oct 26, 2018 12:58 IST

Yes Bank declared a decline in its net profit to 964.7 crores on higher provisions. Non performing assets rose 37 % sequentially to 0.84 percent compared with 0.59 percent. Despite the rise in NPAs ,the bank’s provision coverage ratio fell to 48 percent and the stock is under pressure in trade.

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