Yes Bank missed our earnings expectation, reporting PAT of Rs10.0bn (PLe: Rs11.1bn) which was mainly led by sharp drop in other income as bank started to see lower corporate fees (from slower incremental growth) and one time large MTM loss on swaps. Importantly, NII saw larger beat with much stronger growth of 41% YoY/10.0% QoQ, while provisions were relatively lower om investment write back helping support earning despite recognizing large part of IL&FS; exposure. We have been re-iterating new MD & CEO appointment remains key event for the bank's journey ahead which now...