Yes Bank shares are in focus on Tuesday after the National Stock Exchange (NSE) announced that the lender will be added to the Nifty Bank index as part of a major methodology revision. The change will take effect from December 31, 2025 (close of December 30).
The update follows the Index Maintenance Sub-Committee’s approval of structural changes to align Nifty Bank with SEBI’s new norms for indices traded in the futures & options (F&O) segment.
Key changes announced in the official circular include:
- Top three stock weights capped at 19%, 14%, and 10%
- Non-F&O stocks individually capped at 4.5%, cumulative cap at 10%
- Number of constituents increased from 12 to 14
- Eligibility now based on six-month average free-float market capitalization
- Implementation in four monthly tranches (Dec 2025–Mar 2026)
Under the revised eligibility framework, Yes Bank (YESBANK) qualifies for inclusion alongside Union Bank of India, strengthening the public–private mix within the benchmark index.