Yes Bank Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
YESBANK · price
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On the reaction day the stock moved 1.1 pts less than Nifty Midcap 150 and 1.1 pts less than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Yes Bank has informed the exchanges that it received a rectification order on December 31, 2025 from the Jurisdictional Assessing Officer (JAO), Mumbai, regarding an earlier additional income tax demand of Rs. 292.29 Crores for Assessment Year 2017-18. The JAO has substantially reduced this additional demand through the rectification order. The remaining balance demand is still being contested by the bank in ongoing proceedings before the income tax authorities. This follows the bank's earlier disclosure dated April 16, 2025, where it had first flagged the Rs. 292.29 Crore demand raised by the Centralized Processing Center.
Mildly positive for shareholders — the tax authority has substantially cut the disputed demand, lowering Yes Bank's potential tax liability, though the exact reduction amount has not been disclosed and the matter is not fully closed yet.