Bank Results season: More Quarterly updates (YES BANK December 2010)
Wednesday, January 19, 2011
India's Mid Cap banks story lists continue to get bigger and bigger while mainstream mid-caps like Axis and YEs will continue to take their time to reach the big league.
Things that went well for YES:
Profits up from 130 to 190 Crors ($40 million) year on year)
NPAs low at 0.23% Gross NPAs less at 0.27%
Advances grew 66%
Things that continue to challenge the professional management of the "bank"
NIMs of 2.8% is still below par, consequent to CASA only growing incrementally thought he grwth nos in CASA astound every time
Bank Results season: More Quarterly updates (Kotak BANK December 2010)
Kotak comes out with results in the mean time and as mentioned here, growth is capped, NPAT growing less than 20%
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