Indiabulls Securities, in its latest research report on YES Bank, has recommended Hold ratings on the basis of current valuations.
According to the research report, NPAs for the bank is likely to increase in the coming days, but it is making adequate provisions for the same. However, bank's non-interest income, which holds the major chunk of revenues likely to see recovery in the backdrop of improved capital market conditions.
Indiabulls clients can read the full report by logging to their trading website or its properitory advanced trading platform 'Power Indiabulls'.
According to the research report, NPAs for the bank is likely to increase in the coming days, but it is making adequate provisions for the same. However, bank's non-interest income, which holds the major chunk of revenues likely to see recovery in the backdrop of improved capital market conditions.
Indiabulls clients can read the full report by logging to their trading website or its properitory advanced trading platform 'Power Indiabulls'.
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