₹790 crore in the June quarter, from ₹234 crore in the March quarter and ₹513 crore in the June quarter of the previous year.
Loans turn non-performing if repayments are not made within 90 days of the scheduled date. The bank added ₹760 crore of bad loans in the retail segment, recovered and upgraded ₹224 crore, and wrote off ₹344 crore of individual loans in Q1 FY22. “This is quite understandable because of the kind of impact the pandemic had on the entire nation during April and May when the foremost thing was how to save lives.
This and the lockdowns have definitely impacted the earning capacity," said Prashant Kumar, chief executive of Yes Bank. However, Kumar said that the improvement in the economic environment has led to an