Mumbai: YES Securities (India) Limited, a subsidiary of YES Bank Limited, has been penalised by the National Stock Exchange of India Limited for passing on regulatory penalties to its clients, in violation of market norms laid down by the Securities and Exchange Board of India.

Mumbai: YES Securities (India) Limited, a subsidiary of YES Bank Limited, has been penalised by the National Stock Exchange of India Limited for passing on regulatory penalties to…

Yes Securities faces a three-month ban on onboarding new clients and a ₹1 lakh penalty from the NSE. The brokerage was penalized for passing on upfront or peak margin penalties to…