Bank results season: Building a citadel for YES

Wednesday, October 20, 2010

YES bank team rightly feels jubilant at having made it 8 quarters in a row when Return on Equity exceeds 20% and Return on assets exceeds 1.5%. A phenomenally efficient player, Yes has been show casing a cost to income ratio of 36% and continued the trend in September as well. Looking forward the bank can probably manage hyper growth easily growing advances by 86% and thus bringing net profits to a healthy $44mln for the quarter. 

 

In the meantime the bank also raised a cool $250 mn in capital additions from QIBs 

Posted via email from The investment blog on Post

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