Archive · 6 Jan 2026
YES Bank gets NSDL approval for demat transfer
YES Bank has received approval from NSDL to move its retail demat services to its subsidiary, YES Securities (India).
This approval was given on January 5, 2026, and the bank announced it the next day.
The bank will now take further steps to complete this transfer, including signing a business transfer agreement.
This move is part of YES Bank's plan to reorganize its demat operations within its securities subsidiary.
The bank's stock price saw a slight increase on January 6, 2026, following the announcement.
YES Bank received NSDL approval on January 5, 2026, for transferring its retail demat undertaking to YES Securities (India).
The bank announced the approval on January 6, 2026, and will proceed with the necessary steps for the transfer.
The transfer is part of an internal restructuring to house the demat undertaking within its securities subsidiary.
The disclosure was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
YES Bank's stock price increased slightly to ₹22.84 on January 6, 2026, following the announcement.
- Who
- YES Bank and its subsidiary YES Securities (India)
- What
- Approval received for the transfer of retail demat undertaking
- When
- Approval granted on January 5, 2026; disclosed on January 6, 2026
- Where
- India
- Why
- To facilitate the internal restructuring of retail demat operations
- Company
- YES Bank
- Approval Received From
- National Securities Depository Limited (NSDL)
- Approval Date
- January 5, 2026
- Transfer Details
- Retail demat undertaking to YES Securities (India)
- Regulatory Disclosure
- Under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Stock Price Change
- ₹22.84, up ₹0.01 or 0.04% on January 6, 2026