Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
As filed · Yes Bank Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
What happened
FactYes Bank Ltd. received a consolidated order from the Jurisdictional Assessing Officer on December 31, 2025, determining an income-tax refund of approximately Rs. 345 Crores, including interest. The amount to be recognized in the Bank's Profit and Loss statement exceeds the materiality threshold as per the amended Listing Regulations. The Bank is currently in appeal against previous assessment and reassessment orders.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
Scale
- 1.7% of FY17 revenue
₹345 Cr stated in the filing against ₹20,642.8 Cr revenue (FY17, consolidated)
Source: financial_facts · exchange_table
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
RevisedManufacturing has now been in expansion mode for 37 straight months.
Industrial production hit a 5-month high, led by capital goods.
Change
FactImplication
CapitSignal interpretationInput Costs
RevisedSo, if you look through the last 3 years, our Bank actually has possibly delivered the best outcome on Cost of Deposits as compared to the industry at large.
One area of pressure was inflation, which rose to a 17-month high of 4.4% on food and fuel costs, prompting RBI to lift its inflation projection to 5.1%.
Change
FactImplication
CapitSignal interpretationInput Costs
RevisedOne area of pressure was inflation, which rose to a 17-month high of 4.4% on food and fuel costs, prompting RBI to lift its inflation projection to 5.1%.
So, if you look through the last 3 years, our Bank actually has possibly delivered the best outcome on Cost of Deposits as compared to the industry at large.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
- our sense is INR 800 crores to INR 1,000 crores should be a reasonable probability to ascribe for fiscal '27. (management committed by FY27)
- we do believe, let's say, anywhere between INR 800 crores to INR 1,000 crores for the full year should be a nu (management committed by FY27)
Evidence
- Yes Bank Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%