Annual Report 2006-2007 of Yes Bank

It is a broadly described annual report of Yes Bank in the year of 2006-2007. During the financial year 2006-07, The Bank’s net revenues increased by 98% to Rs. 3,659 million from Rs. 1,852 million for FY 2005-06. Operating profit before tax increased 74% to Rs. 1,724 million for FY 2006-07 compared to Rs. 991 million for FY 2005-06. Net Profit after tax was Rs. 944 million for FY 2006-07, an increase of 71% when compared to a net profit of Rs. 553 million for FY 2005-06. The Bank’s total assets increased 167% to Rs. 111,034 million as at 31^st March 2007 from Rs. 41,626 million as at 31^st March 2006. The paid-up capital of the Bank stood at Rs. 2,800 million as at 31^st March 2007 as compared to Rs. 2,700 million as at 31^st March 2006.

The Board of Directors of the bank has do not recommend any dividend for the financial year ended 31^st March 2007.

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