Yes Bank Q2 Profit Expected to Rise 48% Amid AT-1 Bond Issue
Yes Bank is projected to report a 48% year-on-year increase in Q2 net profit to Rs 969 crore, supported by strong loan growth and higher net interest income (NII). Despite this, investor attention is focused on the Supreme Court's ruling that invalidated the bank's Rs 8,415 crore AT-1 bond write-off, which has negatively impacted the stock price.
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