NSE Lifts Client Onboarding Ban on Yes Securities (India) Limited
National Stock Exchange of India Limited (NSE) has decided to lift the prohibition previously imposed on YES Securities (India) Limited regarding the onboarding of new clients. The decision was made by NSE vide its order dated July 01, 2026.The prohibition had been initially ordered by NSE on May 26, 2026, concerning YES Securities (India) Limited, a subsidiary of Yes Bank Limited. The original order imposed a ban on the trading member from onboarding any new clients for a period of three months from the date of the order, alongside a monetary penalty aggregating to Rs. 2 lakhs.
Yes Bank Limited confirmed that YES Securities (India) Limited had complied with the directions received from NSE in relation to the May 26, 2026, order. The bank stated that the subsidiary had undertaken necessary corrective actions and immediate steps, demonstrating a cooperative approach while addressing compliance issues and engaging proactively with NSE during the verification process.
The removal of the restriction means that YES Securities (India) Limited can now resume onboarding new clients as of July 01, 2026.
YESBANK Stock Price Movement
Shares of Yes Bank Limited today slipped by 1.3% to settle at ₹24.25, closing lower from the previous session's close. The stock traded within a range of ₹24.15 and ₹24.66, with total volume reaching 57.14 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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