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flag Yes Bank faces ₹244.20 crore tax demand, disputes claim, as Q3 net profit surges 164.25%.

flag Yes Bank received a ₹244.20 crore tax demand notice from the Indian Tax Department for the 2016-17 fiscal year. flag The bank disputes the demand, stating it's based on incorrect income calculations and plans to file a rectification application and appeal. flag Despite the notice, Yes Bank's shares rose by 3.02%, and the bank reported a 164.25% increase in net profit for Q3 FY25, totaling ₹612 crore.

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