YES Bank Q2 Preview: Profit likely to double YoY; NII seen flat

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Key Points

YES Bank posted 10% growth in its June quarter profit at Rs 342.52 crore..

Its net interest income was up 8% from a year ago and stood at Rs 2,000 crore.Agencies..

Private lender YES Bank is likely to post a flattish growth or even a decline in its net interest income (NII), led by weak loan growth and rising cost of funds...

The focus for the bank is shifting toward rebuilding the business and investors should watch out for commentary on growth and return to normalised levels of business operations...

The net interest income for the quarter is likely to grow 2% YoY to Rs 2,031 crore, while PAT is expected to rise 137% to Rs 362 crore..

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