Private sector lender Yes Bank is expected to report a profit after tax of Rs 242 crore in the October-December quarter of FY12, a massive growth of 26% as compared to Rs 191 crore in a year ago quarter.
Net interest income is seen going up 28% to Rs 412 crore in the third quarter of FY12 versus Rs 323 crore in the corresponding quarter of previous fiscal. Expectations
- With increase in savings deposit rate CASA needs to be watched
>CASA ratio was 11% in Q2
- Margins may see some contraction due to savings rate hike
- Fee income likely to be strong at 30% YoY
- Credit growth to remain tepid
- Asset quality likely to be stable
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