Yes Bank on Wednesday reported an impressive jumped of 33.2 per cent in fourth-quarter net profit at Rs 362.2 crore, thanks to strong growth in net interest income and higher margins.

The mid-sized private lender's net interest income jumped 42.4 per cent to Rs 638.1 crore year-on-year in the three months through March 31. The lender's non-interest income also grew at the same rate to Rs 379.4 crore.

New Delhi, March 25 : YES BANK signed up as Indian Premier League's (IPL) official financial services partner Monday.

Commenting on this development, Rana Kapoor, founder of YES BANK said: "IPL is the foremost event property in India which through its vibrant and innovative platform brings together the entire country, irrespective of regional or demographic diversity.

"We are confident that YES BANK's association with IPL for five years will facilitate our brand recognition and further propel our pan-India retail banking franchise."

Yes Bank and IndusInd Bank are looking to acquire the Indian retail assets of Royal Bank of Scotland (RBS), according to reports.

The two banks are negotiating terms to acquire the Indian retail assets of the Scottish bank. Some people closer to the matter indicated that the two banks have expressed interest but there is no certainty that the deal will be finalized.

India’s central bank, the Reserve Bank of India (RBI) has given its consent to Yes Bank for launching its securities broking business in the country.

The bank will now be able to offer a complete range of financial services to its customers including savings, investments, wealth and loan products with the launch of the new brokerage platform. Yes Bank is expected to launch the new securities broking business during the 2013-2014 financial year.

HSBC Securities Mauritius is planning to sell its stake in two private sector banks, Axis Bank and Yes Bank, according to various reports citing sources.

The deal to sell stake was routed via block window at a discount of 3 per cent and the shares of the two banks have fallen significantly. The global banking major sold 4.75 per cent stake or 2.05 crore shares in Axis Bank through several block deals. The shares of the bank were trading 3 per cent lower at Rs. 970.30 on the Bombay Stock Exchange (BSE).

Private sector bank, Yes Bank has announced that it is increasing interest rates for non-resident investors, a move aimed at attracting more customers in the segment.

The bank has increased the interest rates to 7% for over Rs. 1 lakh balance, for all Non Resident Savings Accounts. The bank will offer 6 per cent interest for balance up to Rs. 1 lakh.

Private sector bank, YES Bank has announced an increase in interest rates it offers on savings to its customers following deregulation of interest rates by the authorities.

The bank has increased the interest rates to 7% for over Rs. 1 Lakh balance, for all Non Resident Savings Accounts. The bank will offer 6 per cent interest for balance up to Rs. 1 Lakh.

YES Bank has recorded a growth of 33.3 per cent in net profit to Rs 235 crore in the second quarter of the financial year.

The bank saw a strong growth in its non-interest income even as there was a marginal fall in net interest margin. The private sector bank's net profit in the last quarter stood at Rs 176.3 crore. The bank's non-interest income rose by 63.4 per cent to Rs 214 crore and net interest income increased 23.1 per cent to Rs 385.6 crore.

In its latest research report, Nirmal Bang, an equity research firm said that Yes Bank Limited stock can give good returns in the long term.

According to Nirmal Bang Research, the stock of the bank can be bought to achieve a target of Rs 370.

Today (March 08), the shares of the company opened at Rs 272.10 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 388 and a low of Rs 237.70 on BSE.

Current EPS & P/E ratio stood at 19.23 and 14.28 respectively.

Technical analyst Mitesh Thacker has maintained 'buy' rating on Yes Bank stock with short term targets of Rs 285 and 310.

According to analyst, the investors can buy the stock with stop loss of Rs 263.

Today, the stock of the bank opened at Rs 270 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 388 and a low of Rs 226 on BSE.

Current EPS & P/E ratio stood at 19.23 and 14.29 respectively.

During the last month, Yes Bank announced that it has enrolled the largest number of pupils from IIM-A.

Technical analyst Monal Desai of Prabhudas Lilladher maintained 'buy' rating on Yes Bank Limited stock to achieve a target of Rs 290.

According to analyst, the stock can be purchased with a stop loss of Rs 260.

The stock of the company, on January 19, closed at Rs 269.85 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 388 and a low of Rs 226 on BSE.

Current EPS & P/E ratio stood at 17.55 and 15.50 respectively.

Technical analyst Anil Singhvi has maintained 'buy' rating on Hexaware Technologies Limited with an intraday target of Rs 320.

According to analyst, the investors can buy the stock with a stop loss of Rs 304.

The stock of the company, on December 29, closed at Rs 307.20 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 388 and a low of Rs 226 on BSE.

Current EPS & P/E ratio stood at 17.55 and 17.61 respectively.

Technical analyst Gaurang Shah of Geojit BNP Paribas has maintained 'buy' rating on YES Bank stock with a target of Rs 390.

According to analyst, the said target can be achieved in a period f 12 months.

Today, the stock of the bank opened at Rs 287 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 388 and a low of Rs 226 on BSE.

Current EPS & P/E ratio stood 17.55 and 17.07 respectively.

Technoical analyst Hemen Kapadia has maintained 'sell' rating on YES Bank stock with an intra-day target of Rs 296.

According to analyst, the investors can sell the stock at Rs 302 with a stop loss of Rs 305.

Today, the stock of the bank opened at Rs 302.45 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 388 and a low of Rs 226 on BSE.

Current EPS & P/E ratio stood at 17.55 and 16.99 respectively.

Technical analyst Shardul Kulkarni of Angel Broking has maintained 'buy' rating on YES Bank Limited stock with a short term target of Rs 355.

According to analyst, the stock can be purchased with a stop loss of Rs 308.

The stock of the company, on Dec 01, closed at Rs 329.90 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 388 and a low of Rs 226 on BSE.

Current EPS & P/E ratio stood at 17.55 and 19.17 respectively.

Technical analyst Rajesh Satpute has maintained 'sell' rating on Yes Bank Limited stock with a target of Rs 342. .

According to analyst, the investors can sell the stock with a stop loss of Rs 365.

Mr. Satpute said that after selling the stock in today's session, the interested investors can purchase the stock again for medium or long term target.

Today, the stock of the company opened at Rs 355 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 388 and a low of Rs 226 on BSE.

Stock market analyst Manoj Sachdeva of Hem Securities has maintained 'buy' rating on YES Bank Ltd stock with a target of Rs 349.

According to analyst, the interested investors can buy the stock at Rs 333 with a stop loss of Rs 328.

The analyst added that the said target can be achieved in 2-3 trading sessions.

The stock of the company, on Sep 22, closed at Rs 332.35 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 344.40 and a low of Rs 189.10 on BSE.

Current EPS & P/E ratio stood at 15.72 and 21.39 respectively.

Stock market analyst Ashwani Gujral is of the view that investors can buy Yes Bank stock with short term of Rs 330.

According to analyst, the interested investors can buy the stock with stop loss of Rs 290.

Today, the shares of the bank opened at Rs 308 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 304.70 and a low of Rs 150 on BSE.

Current EPS & P/E ratio stood at 15.72 and 19.81 respectively.

Stock market analyst Rahul Mohinder has maintained 'buy' rating on HDFC Bank stock with target of Rs 301 in 1-2 trading sessions.

According to analyst, the investors can buy the stock at Rs 288-290 with stop loss of Rs 284.

Today, the stock of the bank opened at Rs 293 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 15.72 and 18.50 respectively.

The share price has seen a 52-week high of Rs 304.70 and a low of Rs 150 on BSE.

Leading Private-sector lender Yes Bank has announced its financial results for the first quarter of the fiscal year 2010. As per the report, there has been a striking net profit rise for the bank in this period of time.

Yes Bank has posted a net profit of Rs 156 crore for the quarter that ended in 30th June, 2010 as compared to Rs 100 crore of the like periods of the previous quarter.

This net profit figure has grown up by 56% in this quarter under review against the corresponding quarter in the last fiscal.