Yes Bank is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax is expected to go up by 43.7% at Rs 181.1 crore as against Rs 125.9 crore (YoY).
Net interest income is seen going up by 54.1% at Rs 325.1 crore from Rs 211 crore. Operating profit is likely to go up by 35.7% to Rs 293.4 crore versus Rs 216.2 crore. Expectations * Advances growth at 46%* Deposit growth at 54%
* Some amount of contraction expected in the margins QoQ (NIMs in Q2 was at 3%)
* Watch out for exposure to MFIs, telecom & commercial real estate.
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