Yes Bank: Yes Securities India may now onboard of new clients

YES Bank Limited has disclosed that its subsidiary, YES Securities (India) Limited, is now permitted to onboard new clients following a regulatory order from the National Stock Exchange of India Limited (NSE). The NSE had previously imposed a three-month ban on YES Securities from acquiring new clients and levied total penalty of ₹2 lakh, including passing on penalties related to upfront/peak margin to clients. The restriction, which began on May 26, 2026, has since expired, allowing the brokerage to resume client onboarding activities.

YES Bank stated that YES Securities is actively implementing corrective measures and emphasized that the regulatory action will have no material impact on the bank’s financials or operations. The disclosure was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The development marks a resolution to the temporary regulatory constraints, with the firm now able to proceed with standard business operations. Investors and market participants are advised to monitor the company’s future disclosures for further updates on compliance and operational performance.