Yes Bank News
In the quarter ended March of the fiscal year 2021-22, the bank registered a net profit of Rs 367 crore. There was a net loss of Rs 3,788 crore in the same quarter of the previous fiscal year 2020-21. Total income during January-March period of FY22 increased to Rs 5,829.22 crore from Rs 4,678.59 crore in the same quarter of FY21.
On a standalone basis, the profit jumped 77 per cent to Rs 266.43 crore in the quarter under review. The provisions declined 82 per cent to Rs 375 crore from the year-ago period's Rs 2,089 crore, helping the bottom line. The bank management said Rs 435 crore came from corporate loans, Rs 388 crore from retail and Rs 123 crore from small businesses.
A single bench of Justice Bharati Dangre rejected the bail applications filed by Kapoor's wife Bindu and daughters Roshini and Radha. The lower court had remanded them in 14-day judicial custody and said they did not deserve any sympathy for being women. The three are currently lodged at the Byculla women's prison in Mumbai.