Yes bank

Hi Lotus,
The amount is 126cr from COVID Std. Restructured Advances. I don’t know the name but the amount is clear.

Secondly their 61-90 days overdue bucket has gone up substantially. Bank says it is largely because of 1 infrastructure group backed by high value asset and they are very confident that this wont become NPA.

The results are not good but we have to understand to what extent they are not good. What are the reasons for QoQ underperformance . Are they temporary or permanent . We have to see how other banks have performed QoQ. Just seeing few numbers QoQ and concluding that they are extremely bad is not a correct approach according to me.

I am going through 4 to 5 more banks result. Going through yes bank in detail. I have already see 2 to 3 very important points. Will be posting all details in a few days with the guidance of this year. I would also me mentioning weather 0.75% ROA is achievable this year or not.

@myfirstmillions in con call they were mentioning 800cr of NPA from carnival cinema. I posted the article as well. This NPA was already provisioned last year.