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Yes Bank makes a net profit of 367 crore in the fourth quarter and returns to profitability for the whole fiscal year in FY22

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Yes Bank makes a net profit of 367 crore in the fourth quarter and returns to profitability for the whole fiscal year in FY22

The private sector lender posted a net loss of ₹3,462 crore in the previous fiscal year. It had posted a loss of 22,715 crore in FY20. Yes Bank registered a profit of 1,066 crore during the year ended March 2022. Yes Bank registered a net profit of ₹367 crore for the quarter ended March 2021-22. It’s the first full-year profit since FY19, Yes Bank said. Net profit for Q4 FY22 rose by 38% from ₹266 crore in the preceding quarter. Total income during January-March period of FY22 increased to ¬5,829.22 crore.

Yes Bank’s gross non-performing assets (NPAs) improved to 13.9% of the gross advances as of March 31, 2022 from 15.4% a year earlier. The bank’s sanctions/disbursements stood at ₹70,000 crore across various segments in 2021-22. The bank’s gross non-performing loans (NPLs) fell to 4.5% from 5.9% in the previous quarter, down from 6.1% a year earlier.

Lifestyle

10 best activities hacks for the better lifestyle for Business Managers.

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10 best activities hacks for the better lifestyle for Business Managers.

Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.

Mindfulness at Work lifestyle

Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.

Regular Exercise Breaks

Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.

Nutrition and Healthy Eating

Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.

Time Management Workshops

Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.

Skill Development Seminars

Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.

Flexible Work Arrangements

Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.

Social Engagement

Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.

Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.

Pursuing Hobbies and Interests

Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.

Encouraging Employee Wellness

Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.

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