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Yes Bank settles case with SEBI

Yes Bank and its compliance officer Shivanand Shettigar have settled a case, related to alleged disclosure lapses to the exchanges, with markets regulator SEBI by paying a total amount of Rs 66 lakh towards settlement charges.

While Yes Bank remitted a settlement amount of Rs 51.6 lakh, the compliance officer paid Rs 14.45 lakh as settlement charges on August 27.

Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.

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