Yes Bank Q2 2023: Shares rise in YoY profit

Recently the news has come on the internet that Yes Bank Limited is also one of the 21 listed firms Q2 results are going to be declared today, 21 October 2023. Yes Bank is an Indian bank and it’s headquartered in Mumbai, India, and was founded by Rana Kapoor and Ashok Kapoor in 2004. Since the news came on the internet it has gone viral on social media platforms. Currently, several people are super curious to know about the whole information about the news. Here we have more information about the news and we will share it with you in this article.

Yes Bank Q2 Results 2023

The private lender has announced on India stock market bourses that a meeting of its board of directors will take place on 21 October 2023 to consider and agree unaudited financial results for the second quarter of the present financial year and half year finished September 2023. Yes Bank told the Indian stock market about the board meeting noting “Notice is hereby given that a meeting of the Board of Directors of Yes Bank Limited (“Bank”) is going to be held on today,21 October 2023, at Mumbai to, inter alia, assess and approve the unaudited standalone and consolidated financial statements of Yes Bank Limited (“Bank”). Scroll down to the next page for more information about the news.

Meanwhile, “Bank’s results for the quarter (Q2) and half year ended 30 September 2023.” Now fans are searching for the news as they are super keen to know about the Yes Bank shares rise.

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Yes Bank shares rise ahead of Q2 results 2023

As Yes Bank results for Q2FY24 have been coming today and there will be no action at India stock market today. So, bulls have been discovered showcasing buying interest in Yes Bank shares during Friday deals. On Friday, Yes Bank’s share cost unlocked with a margin of gain and hit an intraday increase of 17.85 per share on the NSE, about 4.5 percent more elevated than Thursday’s closing price of 17.05 per share.

Yes Bank shares eventually concluded at 17.35 levels, around 2% upside against Thursday’s close. Yes, the Bank poured on Friday as the market has been expecting better second-quarter earnings from the private lender. They stated, that Yes Bank is expected to report improved margins due to the lowering of provisioning. Here we have shared all the information that we had if we get any information about the news then we will update you soon.
Stay tuned to us for more updates.

Gurleen Kaur

I'm a science graduate from the Ahmadu Bello University, Nigeria. My passion for writing has brought me to into the field of content.