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Yes Bank reports net loss of Rs 600 cr in Q2

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NEW DELHI: Private lender YES Bank on Friday reported a loss of Rs 600.08 crore for the September quarter due to a one-off DTA adjustment of of Rs 709 crore on account of change in corporate tax rate regime.This is the second biggest loss for the bank since listing after Rs 1,506.60 crore loss in March quarter this year.The lender had posted Rs 964.70 crore profit in the corresponding quarter last year.

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