Yes Bank reported a 79% dip in its consolidated December quarter net at ₹55.07 crore on Saturday as provisions on legacy bad assets made it set aside higher amounts as provisions.
The private sector lender also announced that it will appeal against the Bombay High Court's order in the ₹8,400-crore AT-1 bonds case of 2020, saying it has strong legal grounds to do the same.
In an exclusive conversation with CNBC-TV18, Prashant Kumar, MD & CEO, Yes Bank, speaks on the firm's Q3FY23 results and Bombay High Court's order on the firm's AT1bonds. Listen in.
#yesbank #Q3FY23results #AT1bonds #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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