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 its clients. The order was issued by the National Stock Exchange of India on May 26.

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…