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Yes Bank’s net profit rose 25.1% year on year (YoY) to Rs.1002.70 crore for the quarter ended September 30, despite sharp spike in provisions, but asset quality deteriorated on sequential basis.
Profit in quarter ended September 2017 stood at Rs 801.54 crore.
Net interest income, the difference between interest earned and interest expended, shot up 33.5 percent to Rs 1,885.1 crore compared with Rs 1,412.16 crore in same quarter last fiscal.
