The BSE S&P Index Committee has decided to remove Yes Bank from all the S&P BSE indices with effect from March 20. The decision has been taken in light of the recent developments relating to Yes Bank, in particular, the Gazette notification dated March 13, 2020, on 'Yes Bank Reconstruction Scheme, 2020' and the potential impact on the ability of market participants to fully replicate S&P BSE Indices.
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.
