INSUBCONTINENT EXCLUSIVE:
Yes Bank's interest earned rose 41.3 per cent to Rs 6,578 crore.Yes Bank Ltd beat analysts' estimates for quarterly profit on Thursday,
helped by higher interest income and growth in its corporate banking division
Net profit rose to Rs 1,260 crore ($183.43 million) in the first quarter ended June 30, from Rs 966 crore
Analysts were expecting Rs 1,215 crore, according to Thomson Reuters I/B/E/S data which compiled data from 22 analysts
Interest earned rose 41.3 per cent to Rs 6,578 crore.The company took a mark-to-market loss of Rs 92.67 crore in the quarter, it said,
relating to bond-trading losses incurred in December 2017 and March 2018 quarters as a result of spike in bond yields in the recent