Regulatory2 Jul 2026, 04:40 pm
Yes Bank Subsidiary's Trading Ban Lifted by NSE
AI Summary
YES Securities (India) Limited, a subsidiary of Yes Bank Ltd, has had a three-month prohibition on onboarding new clients lifted by the National Stock Exchange of India (NSE). The ban, imposed on May 26, 2026, along with a ₹2 lakh penalty, was due to compliance issues. YES Securities has since complied with NSE's directives and undertaken corrective actions. NSE issued an order on July 01, 2026, to lift the prohibition, effective from the order date. The bank has proactively engaged with NSE throughout the process.
Key Highlights
- NSE lifts trading ban on Yes Bank's subsidiary, YES Securities.
- Prohibition on onboarding new clients was in effect for three months.
- Monetary penalty of ₹2 lakhs was also imposed and addressed.
- YES Securities has complied with NSE directives and corrective actions.
- NSE order to lift ban effective from July 01, 2026.
Price Impact
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