YES Bank Awaits NSDL Approval for Demat Undertaking Transfer to YES Securities
YES Bank has updated stock exchanges regarding the pending transfer of its retail demat undertaking to subsidiary YES Securities (India) Limited, confirming that NSDL approval is still awaited. The bank stated that all previously disclosed information from October 18, 2025 remains unchanged except for the expected completion timeline, and it will inform exchanges once regulatory approval is received.

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YES Bank has informed stock exchanges that it continues to await approval from National Securities Depository Limited (NSDL) for the proposed transfer of its retail division's demat undertaking to its subsidiary YES Securities (India) Limited. The update, filed under Regulation 30 of SEBI listing regulations on January 01, 2026, references the bank's earlier disclosure made on October 18, 2025.
Transfer Details and Current Status
The proposed transaction involves the transfer of the "Specified Demat Undertaking" from YES Bank's retail division to YES Securities (India) Limited, which is a subsidiary of the bank. The transfer was initially announced in October 2025 under reference number YBL/CS/2025-26/134.
| Parameter | Details |
|---|---|
| Transaction Type | Transfer of Demat Undertaking |
| From | YES Bank Limited (Retail Division) |
| To | YES Securities (India) Limited |
| Regulatory Filing | Regulation 30 of SEBI LODR |
| Initial Disclosure Date | October 18, 2025 |
| Current Update Date | January 01, 2026 |
Regulatory Approval Status
The bank has confirmed that NSDL approval remains pending for the proposed transfer. Upon receipt of the necessary regulatory approval, YES Bank has committed to inform both BSE Limited and National Stock Exchange of India Limited accordingly. The bank emphasized that there are no changes to the information previously disclosed, except for the expected completion date of the transaction.
Compliance and Documentation
YES Bank has ensured full compliance with listing regulations by hosting the relevant information on both stock exchange websites through its corporate website at www.yes.bank.in . The disclosure was signed by Company Secretary Sanjay Abhyankar and filed with both NSE and BSE on January 01, 2026. The bank has requested the exchanges to take the update on record as part of its ongoing regulatory obligations.
Historical Stock Returns for Yes Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.32% | +5.19% | +0.53% | +13.60% | +19.45% | +26.22% |
















































