NSEUpdates4d ago · 15 Aug 2026, 11:52 pm

Updates

Yes Bank Limited · YESBANK

✦ AI Summary▼ NegativeDebt Restruc.

Yes Bank Limited has informed the Exchange regarding the invocation of a bank guarantee issued in favour of the Department of Telecommunications, aggregating to Rs. 281.44 crores, due to the borrower's ongoing corporate insolvency resolution process.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment2/10

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Full Announcement

Yes Bank Limited has informed the Exchange regarding 'Intimation regarding Invocation of Bank Guarantee issued in favour of Department of Telecommunications - Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 '.

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YESBANK_15082026235051_Revised_YBL_SE_Intimation_Invocation_of_BG_DoT_Signed.pdf

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YBL/CS/2026-27/79 August 15, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot no. C/1, G Block, Corporate Relations Department Bandra - Kurla Complex, Bandra (E) P.J. Towers, Dalal Street Mumbai - 400 051 Mumbai – 400 001 NSE Symbol: YESBANK BSE Scrip Code: 532648 Dear Sir/ Madam, Sub: Intimation regarding Invocation of Bank Guarantee issued in favour of Department of Telecommunications - Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”) YES BANK Limited (“The Bank”) has outstanding Bank Guarantees (“BGs”) aggregating to Rs. 281.44 crores (issued in 2018) in favour of Department of Telecommunications (“DoT”) on behalf of a borrower, towards securing deferred annual spectrum payment obligations. The borrower is currently undergoing a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016, and is under the management of the Resolution Professional (“RP”) since 2018. The Bank’s claim for the above BG amount has already been admitted in the ongoing insolvency proceedings. DoT has now invoked the BGs vide its letter dated August 14, 2026. Given the already ongoing insolvency proceedings, The Bank is evaluating appropriate course of action in consultation with its legal advisors on this invocation. Given the above and since the net exposure (aggregate amount invoked less the provision already held by the Bank) exceeds the materiality threshold prescribed under the amended Listing Regulations, this disclosure is being made under Regulation 30. The weblink of BSE Limited and National Stock Exchange of India Limited providing the above information is being hosted on the Bank’s website www.yes.bank.in pursuant to Listing Regulations, as amended. This intimation is being submitted for your information and appropriate dissemination. Thanking you, Yours faithfully, For YES BANK LIMITED Sanjay Abhyankar Company Secretary