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% 

Posted via email from The investment blog on Post

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