Meanwhile, gross slippages for the quarter stood at Rs 5,945 crore.
had created provisions of Rs 2,100 crore towards these identified accounts in March quarter. During the quarter ended June 30, the bank utilised Rs 1,399 crore and for the quarter ended September 30, the bank utilised the balance from the pool towards specific provisioning of NPAs," the bank said in a statement.
At 9:43 am, the stock pared some of its losses and was trading 3.75 per cent lower at Rs 64.10 apiece, as against a 0.5 per cent rise in the benchmark S&P BSE Sensex. About 11 crore shares have changed hands on the NSE and BSE till the time of writing of this report.
On Thursday, October 31, the stock jumped 35 per cent in the intra-day trade after the Bank informed the exchanges that it had received a binding bid worth $1.2 billion to be used for capital infusion.
In a conference call with analysts post results, Ravneet Gill, managing director and chief executive of YES Bank, said the fresh capital would come in by December-end. The binding offer of $1.2 billion came from a North American investor, he added.
Further, the bank has also received offers for fund infusion of close to $3 billion from various investors, including private equity (PE) players and domestic mutual funds (MFs).