Yes Bank adds â¹6,200 cr to market value after Q4 results
Private lender Yes Bank added nearly â¹6,200 crore to its market value on Thursday after it reported a 29% increase in profit to â¹1,180 crore. The bank's shares surged over 8%, taking the total market capitalisation to â¹81,075 crore. The bank's asset quality improved with the gross bad loan ratio falling to 1.28% compared with 1.72% in the previous quarter.