Yes Bank Limited (YBL) has received an order from the Goods and Services Tax (GST) department in Uttar Pradesh concerning the Financial Year 2021-22. The order, dated December 24, 2025, levies a penalty of ₹3,30,55,942 (Rupees Three Crore Thirty Lakh Fifty-Five Thousand Nine Hundred and Forty-Two only), in addition to the tax demand and applicable interest. This penalty has been imposed under Section 73 of the Central Goods and Services Tax Act, 2017, and the Uttar Pradesh Goods and Services Tax Act, 2017, for alleged violations related to GST demand on various issues. The bank has stated that it believes it has adequate grounds to contest the order and does not expect any material impact on its financial, operational, or other activities at this juncture. Yes Bank Limited intends to take appropriate steps, including filing an appeal against the order within the prescribed timelines. The bank will also host the information on its website as per listing regulations.