Yes Bank Q1 Results Live: Yes Bank to post earnings today. Here is what to expect

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Yes Bank Q1 results Live: Yes Bank is set to announce its April-June quarter results for fiscal 2023-24 (Q1FY24) on Saturday, July 22. The private-sector lender's deposits in Q1FY24 rose 13.5 per cent to ₹219,369 crore from ₹193,241 crore in the year-ago period.

Brokerage firms expect soft numbers from the bank in June quarter on weak underlying business growth. Kotak Institutional Equities expects Yes Bank's net profit to decline four per cent to ₹298 crore in the quarter-under-review.Stay tuned to our Yes Bank Q1 results live blog for latest updates on Q1FY24 earnings from the leading private-sector lender of the country.“The levels to watch are ₹20 on the upside and ₹16 on the downside.

At the moment, the stock is trading strongly ahead of its numbers," said Aamar Deo Singh, Head Advisory at Angel One.“Yes Bank shares surged ahead of Q1 results 2023 in anticipation that the private lender may lower provisioning," said Vaibhav Kaushik, Research Analyst at GCL Broking.Kotak Institutional Equities expects Yes Bank's net profit to decline four per cent to ₹298 crore in April to June 2023 quarter.As most of the banks are busy improving its CASA, it would be interesting to see how Yes Bank has fared during April to June 2023 quarter on cost of funding front. Download the App to get 14 days of unlimited access to Mint Premium absolutely free!