Yes Bank Limited — Updates, 26-10-2024: Press Release

YES Bank reported a net profit of INR 553 crores for Q2 FY25, marking a significant 145.6% year-on-year increase. Key highlights include a 14.3% rise in net interest income to INR 2,200 crores and an operating profit growth of 21.7%. The gross non-performing assets (GNPA) ratio improved to 1.6% from 2.0% year-on-year, showcasing enhanced asset quality. Additionally, the bank's CASA ratio rose to 32%, reflecting strong deposit growth. Credit ratings were upgraded to A+ by CRISIL and CARE.