Private lender Yes Bank on Wednesday reported a 91 per cent plunge in June quarter net profit at Rs 113.80 crore thanks to a one-off impact from mark-to-market provisions of Rs 1,109 crore. The bank’s net interest income grew 2.8 per cent YoY to Rs 2,281 crore in Q1FY20, despite absorbing a Rs 223 crore impact due to interest reversals on account of slippages during the quarter. Pre-provisioning operating profit grew 48 per cent sequentially to Rs 1,959 crore. The bank managed to post net profit of Rs 114 crore for Q1 despite absorbing one-off impact from MTM provisions of Rs 1,109 crore.
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Watch Yes Bank Q1 net profit slumps 91% YoY to Rs 114 crore With HD Quality.
Private lender Yes Bank on Wednesday reported a 91 per cent plunge in June quarter net profit at Rs 113.80 crore thanks to a one-off impact from mark-to-market provisions of Rs 1,109 crore. The bank’s net interest income grew 2.8 per cent YoY to Rs 2,281 crore in Q1FY20, despite absorbing a Rs 223 crore impact due to interest reversals on account of slippages during the quarter. Pre-provisioning operating profit grew 48 per cent sequentially to Rs 1,959 crore. The bank managed to post net profit of Rs 114 crore for Q1 despite absorbing one-off impact from MTM provisions of Rs 1,109 crore.
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Country’s biggest carmaker Maruti Suzuki on Friday posted 17.21 per cent year-on-year dip in profit at Rs 1,489.30 crore for the quarter ended December 31. The firm had posted a profit of Rs 1,799 crore in the corresponding quarter last year.
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Tata Motors on Monday reported a 47.41 per cent year-on-year (YoY) fall in profit at Rs 1,117.48 crore for March quarter compared with Rs 2,125.24 crore in the same quarter last year.
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FMCG major ITC on Wednesday reported 3.85 per cent year-on-year (YoY) rise in standalone profit at Rs 3,209.07 crore for the December quarter.
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FMCG major Hindustan Unilever Ltd (HUL) on Monday reported a 21.18 per cent rise in standalone net profit to Rs 1,848 crore for the quarter ended on September 30, 2019, mainly driven by home care, and beauty and personal care verticals. The company had posted a net profit of Rs 1,525 crore for the corresponding period of the previous fiscal, HUL said in a filing to BSE.
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Asian Paints on Thursday reported a 1.6 per cent year-on-year fall in consolidated profit after minority interest at Rs 473.11 crore, falling short of Rs 595 crore projected by analysts in an ET NOW poll. The paints company had reported Rs 480.99 crore profit in the corresponding quarter last year. Consolidated revenue from operations rose 11.7 per cent to Rs 5,018.21 crore from Rs 4,492.30 crore in the year-ago quarter.
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About the Video
All existing shareholders of Yes Bank have been barred from selling more than 25 of their current holding for 3 years, according to the YES Bank Reconstruction Plan approved by Government on March 13, 2020. Only retail shareholders holding up to 100 shares can sell their entire holding.
#YesBank #SharesBlocked #ShareMarket
Yes Bank - 75% Shares Blocked | Yes Bank shares can't be sold for next 3 years | 3 Years Lock-In
Education video | 420 views
Yes bank's big blow to customers, RBI bans withdrawal of more than 50,000 thousand rupees, customers upset
अगर आप Yes Bank के customer हैं तो आपके लिए एक बुरी खबर है. दरअसल, RBIने बैंक के customersके लिए 50 हजार रुपये निकासी की सीमा तय की है.. अगर आसान भाषा में समझें तो Yes Bank के ग्राहक 1 महीने तक सिर्फ 50 हजार रुपये ही अपने खाते से निकाल सकेंगे । RBI का ये आदेश अगले एक महीने के लिए है ।
#yesbank, #rbi, #navtejtv
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Yes Bank Crisis : RBI Takes Control Over Yes Bank ,Withdrawals Capped At Rs 50,000| NAVTEJ TV
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Yes Bank Crisis : प्रियंका गांधी का पेंटिंग से कनेक्शन ! | Rana Kapoor | Yes Bank | Viral Video
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Yes Bank Crisis : प्रियंका गांधी का पेंटिंग से कनेक्शन ! | Rana Kapoor | Yes Bank | Viral Video
News video | 323 views
Reliance Jio Infocomm (Jio) reported its seventh straight profitable quarter, with a 46% on year expansion in the bottom line for the April-June period on the back of strong user additions and increased data usage, though the company average revenue per user (ARPU) fell on quarter as the company added mostly lower revenue generating subscribers. The Mukesh Ambani-controlled company, which has upended the market since its entry in September 2016 with cheap mobile Internet services, posted a net profit of Rs891 crore for the fiscal first quarter, compared with Rs840 crore in the January-March period.
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What is Wheat Beer? | व्हीट बीयर क्या है?
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भारत में पहला BAR कौन सा है? Which is the First BAR in India? Do you know?
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एक Wine की बोतल की सेल्फ लाइफ क्या होती है? What is the shelf-life of a bottle of wine?
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