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Yes Bank's net profit rises 10.3pc

Sunday, 23 July 2023



MUMBAI, July 22 (Reuters): India's Yes Bank reported a smaller-than-expected increase in quarterly net profit on Saturday as it set aside more money for ageing bad loans and security receipts, denting the impact of higher net interest income. The private lender's standalone net profit rose 10.3 per cent for the April-June quarter from the same period.