New Delhi, Jan. 25 -- Private lender Yes Bank has witnessed internal as well as external indicators of fast-paced economic recovery leading to pre-Covid operational levels.
The bank's own financial performance has improved drastically. It has again reported a net profit for the third consecutive quarter.
Apart from q high retail loan disbursement demand, the bank has also witnessed a brisk recovery of bad loans.
In fact, 60 per cent of Rs 5,000 crore target of recovery till March 2021 has already been completed.
Besides, the bank has added about 85,000 new retail accounts per month. It plans to scale this number up to 100,000 by the end of the current fiscal.
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