Yes Bank’s Q3 PAT down 81% to ₹51.5 cr, gross NPAs coming down fast

Mumbai-based Yes Bank on Saturday presented its third quarter earnings for FY23. Bank posted a PAT 51.52 cr in Q3FY23 as against 266.43 crore in the same quarter last year, registering a decline of 80.66%.

Yes Bank has already announced its provisional data for advances and deposits during Q3FY23. Bank’s loans and advances climbed 11.7% YoY and 2.4% QoQ 196,826 crore in the third quarter of the current financial year, while deposits grew by 15.9% YoY and 6.8% QoQ 213,608 cr. The Liquidity Coverage Ratio (LCR) stood at 89.7% for the quarter.

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