Yes Bank meets institutional investors on June 23

1 min read     Updated on 25 Jun 2026, 04:38 AM
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Yes Bank engaged with analysts and institutional investors on June 23, 2026, in Mumbai as part of the JM Financial India Finance Forum. The bank held one-on-one and group meetings with various institutions, confirming that no unpublished price sensitive information was disclosed.

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Yes Bank engaged with analysts and institutional investors on June 23, 2026, through a series of meetings held in Mumbai. The interactions were part of the JM Financial India Finance Forum, following an advance intimation provided to the exchanges on May 13, 2026. The bank confirmed that no unpublished price sensitive information was shared during the proceedings.

The meetings included both one-on-one and group sessions with various financial institutions. The schedule began with a one-on-one meeting with Tata Asset Management Ltd, followed by a group meeting involving multiple firms such as Ask Investment Managers Pvt. Ltd, Buoyant Capital Pvt. Ltd, and DSP Asset Managers Pvt. Ltd. The day concluded with a one-on-one discussion with HDFC Life Insurance Company Ltd.

Schedule of Meetings

Institution Name Day & Date Mode Timing (IST) Type of Meeting Location
Tata Asset Management Ltd Tuesday, June 23, 2026 Physical 10:00 AM – 11:00 AM 1X1 Meeting Mumbai
Dymon Asia Capital Investment Adviser (India) Pvt. Ltd 11:00 AM-12:00 PM 1X1 Meeting
Ask Investment Managers Pvt. Ltd 12:00 PM-1:00 PM Group Meeting
Buoyant Capital Pvt. Ltd
Beas Capital LLP
DSP Asset Managers Pvt. Ltd
Groww Mutual Fund
Indusind Nippon Life Insurance Company Ltd
MLP Research (India) Pvt. Ltd
Tara Capital Partners
Trust Asset Management Pvt. Ltd
Vimana Capital Management
JM Financial Institutional Securities Ltd
HDFC Life Insurance Company Ltd 1:00 PM-2:00 PM 1X1 Meeting

The disclosure was made under Regulation 30 read with clause 15 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been hosted on the bank's website pursuant to the Listing Regulations.

Historical Stock Returns for Yes Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.43%-1.57%-6.89%+7.29%+15.28%+78.77%

What strategic initiatives or growth areas is Yes Bank likely to emphasize in future investor meetings?

How might these engagements influence institutional investor sentiment toward Yes Bank in the coming months?

Could the participation of major asset managers signal potential shifts in Yes Bank's shareholder structure?

Yes Bank GST penalty reduced to Rs 3.02 Cr for FY 2021-22

1 min read     Updated on 22 Jun 2026, 10:19 PM
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Yes Bank received an Order-in-Appeal from the Uttar Pradesh Goods and Services Tax department on June 20, 2026, confirming a penalty of Rs 3.02 crore for FY 2021-22. The order, passed by the Additional Commissioner (Appeals), upholds the penalty under Section 73 of the Central Goods and Services Tax Act, 2017, in addition to tax demand and applicable interest. The bank stated it does not anticipate any material impact on its financial activities and intends to contest the order.

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Yes Bank received an Order-in-Appeal from the Uttar Pradesh Goods and Services Tax (GST) department on June 20, 2026, confirming a penalty of Rs 3.02 crore pertaining to FY 2021-22. The order, passed by the Additional Commissioner (Appeals), upholds the penalty under Section 73 of the Central Goods and Services Tax Act, 2017, in addition to tax demand and applicable interest.

The bank had previously intimated the exchanges on December 25, 2025, regarding an Order-in-Original from the Joint Commissioner that levied a penalty of Rs 3.31 crore. The current order reduces the penalty demand to Rs 3,02,31,095 following a partial drop in demand in the bank's favor.

Financial Impact and Legal Position

Yes Bank stated that it believes it has adequate factual and legal grounds to substantiate its position. Consequently, the bank does not anticipate any material impact on its financial, operational, or other activities resulting from the order. The bank intends to take appropriate steps, including contesting the order through appeal within the prescribed timelines.

The disclosure was made to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Detail Information
Authority Uttar Pradesh GST department
Nature of Order Order under Section 107(11) of the CGST Act
Date of Receipt June 20, 2026
Penalty Amount Rs 3,02,31,095

Historical Stock Returns for Yes Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.43%-1.57%-6.89%+7.29%+15.28%+78.77%

How might the outcome of Yes Bank's planned appeal influence its future GST compliance strategies?

Could this penalty signal increased scrutiny from tax authorities on other banks regarding similar GST filings?

What is the likelihood of further reductions in the penalty amount if the case escalates to a higher judicial authority?

More News on Yes Bank

1 Year Returns:+15.28%