Yes Bank Q2 Profit Rises 65% Despite Supreme Court Ruling
Yes Bank reported a 65% year-on-year increase in second-quarter profit to Rs 1,080 crore, surpassing analyst expectations. The bank noted it could have faced a Rs 5,217 crore loss if it had accounted for the Supreme Court's decision to set aside its Rs 8,400 crore AT1 bond write-off. Yes Bank is assessing the ruling's financial impact and legal options.
Economic Times·

