Yes Bank - Worst is over ? Q1 Profit drops
Surprisingly the deposits have increased in Yes Bank inspite of all the bad news.
Bank has managed to retain its customers and also increase the deposits. Net lending margin has also increased to 3%
NPA has only increased marginally from 16.80 per cent to 17.30 per cent and compared to 5.01 per cent in same quarter last year. Net bad asset ratio declined to 4.96 per cent from 5.03 per cent last quarter.
Based on the results one can assume that the worst is behind.
However the only issue is the EPS which has decreased significantly to 4 paise per share mainly due to increased dilution of equity.