Private sector lender Yes Bank has posted a 38% growth in its net profit for the first quarter of this fiscal. Coupled with this, there has been an increase in the net interest income (NII) along with a decline in NPA.

For Q1, the net profit of the bank stood at Rs 216 crore as compared to Rs 156.40 crore for the same period a fiscal prior to that.

The net interest income (NII) saw a rise by 35% taking the figures to Rs 354 crore.

The net interest margin (NIM) remained steady at 2.8%.

The non interest income of the bank saw a 15% rise to Rs 156 crore.