The Supreme Court of India is scheduled to hear YES Bank and Axis Bank’s appeals on Tuesday against a Delhi High Court directive for a forensic audit of 17 lenders, including YES Bank. The audit relates to the 2018 sale of Fortis Healthcare shares.
YES Bank argues it was not a party to the original arbitration proceedings that led to the directive.
Separately, YES Bank said it is strengthening its partnership with the Indian Olympic Association as the Official Retail Banking Partner for Team India at the Asian Games 2026. The bank has launched a nationwide campaign to garner support for Indian athletes. The initiative builds on its association with Team India for the Paris Olympic Games 2024.