India’s Yes Bank Q1 net falls 60%

India’s Yes Bank has reported an over 60% drop in net profit for the April-June quarter as its asset quality sharply deteriorated. According to its regulatory filing, the cash-strapped bank posted a standalone net profit of 454 million rupees (US$ 6.07 million) for the first quarter ended June 30 as against 1.13 billion rupees in […]