Yes Bank Q2 Profit Jumps 65%, Excludes Impact of AT-1 Ruling
Yes Bank reported second-quarter profit of 10.80 billion rupees, up 65%. It said the figure did not reflect the impact of a Supreme Court ruling that set aside its 2020 write-off of 84 billion rupees of additional tier-1 bonds.
Yes Bank NSE:YESBANK on Saturday reported a 65% jump in second-quarter profit to 10.80 billion rupees ($114 million), but said the figure did not reflect the impact of a Supreme Court ruling this week that set aside its 2020 write-off of 84 billion rupees ($884 million) of additional tier-1 bonds.H…