Yes Bank, one of the leading private sector banks, witnessed a rise in share price on Thursday after the bank reported a growth of 26.5% in its second quarter net profit. The bank reported a profit of Rs 6.10 billion for the quarter ended Sept. 30, 2015. Market was expecting profit to come at Rs 5.93 billion.
 
The bank's quarterly income totaled at Rs 39.95 billion, an increase of 19.69% over Rs 33.37 billion in the same period a year ago.

Net Interest Income (NII) for Q2FY16 increased by 29.4% y-o-y to Rs 11.08 billion on account of strong growth in advances and retail & Current and Savings Account (CASA) deposits.

Non Interest income increased by 22.2% y-o-y to Rs 6.18 billion in Q2FY16. Operating profit for Q2FY16 increased by 24.7% to Rs 10.19 billion.

Shares of Yes Bank are trading at Rs 743.55, up Rs 14.25, or 1.95% at the Bombay Stock Exchange (BSE) on Thursday at 12:44 p.m.