+ Follow us On Google
Yes Bank Ltd and Federal Bank Ltd on Saturday announced their financial results for the July-September quarter of FY26. Yes Bank reported a double-digit rise in its profit aided by lower interest expenses and higher other income. However, Federal Bank saw a fall in profit despite record interest income and an improvement in asset quality.
Yes Bank Q2 Results
Yes Bank reported an 18.3 percent year-on-year (YoY) increase in standalone net profit to Rs 654.5 crore for the second quarter of FY26. The growth was driven by higher other income and lower interest expenses, even as the lender faced pressure on its core income.
The bank’s net interest income (NII) declined 3 percent YoY to Rs 2,300.9 crore, reflecting a competitive lending environment. Total income for th