Yes Bank posts Rs 61 lakh net in first half of '05.

Jun. 10--MUMBAI -- Yes Bank has posted a net profit of Rs 61.3 lakh for the half-yearly period ended March 31 '05. Operating profit during the period was Rs 4.05 crore, and the bank made provisions of Rs 3.4 crore, it said, ahead of its initial public offer.

The bank reported interest income and expenses of Rs 27.2 crore and Rs 11.8 crore, and net interest income of Rs 15.4 crore. Other income was Rs 14.7 crore and gross income was estimated at Rs 30.1 crore. Operating expenses were at Rs 26 crore.

Net interest margin during the first half was 2.8%, while cre