Yes Bank, a prominent financial institution in India, recently revealed that it has been slapped with a demand notice by the income tax department for a whopping amount of Rs 2,209 crore for the assessment year 2019-20. Despite the reassessment affirming the original income assessment without any alterations, the unexpected demand, which includes interest, has come as a surprise to the bank. This development has raised eyebrows within the banking sector and among investors. The demand notice has put Yes Bank in a challenging position, prompting concerns about its financial health and stability. The bank is now faced with the task of addressing this substantial demand from the income tax department while maintaining its operational efficiency and customer trust. This news has also sparked discussions about the regulatory environment in which banks operate in India and the potential impact on their financial standing. As Yes Bank navigates through this demanding situation, stakeholders are closely monitoring the developments and awaiting further updates on how the bank plans to tackle this significant financial hurdle.