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Informist, Thursday, Jul. 2, 2026

--YES Bank: NSE lifts ban on arm YES Sec's onboarding of new clients

--YES Bank: NSE lifts ban on arm YES Sec's onboarding of new clients from Thu

NEW DELHI – YES Bank Thursday said the National Stock Exchange has lifted the ban imposed on its arm YES Securities (India) Ltd. from onboarding new clients. The exchange has revoked the order effective Thursday following the company's compliance with its directives, YES Bank said in an exchange filing.

The YES Bank arm has "undertaken the requisite corrective actions and immediate steps thereby demonstrating a constructive and cooperative approach in addressing compliance issues and has engaged proactively with NSE in the verification process," the filing said. The company, in an order dated May 26, was prohibited as a trading member from onboarding any new clients for three months, and had received a penalty aggregating to INR 200,000.

The broking firm had passed on penalty pertaining to upfront or peak margin to clients, the filing had said.

For the March quarter, YES Bank had reported net profit of INR 10.68 billion on total income of INR 93.81 billion. Thursday, shares of the bank closed at INR 24.25 on the NSE, down 1.34% from the previous close.  End

Reported by Shweta

Edited by Akul Nishant Akhoury

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