RBI okays re-appointment of Rana Kapoor as YES Bank MD, CEO
i. YES Bank co-founder Rana Kapoor has got approval from the Reserve Bank of India for his re-appointment as MD and CEO of the bank for 3 years.
ii. This will be with effect from September 1, 2015.
iii. With reference to above, pursuant to the approval of the board of directors and the approval of shareholders at the 11th AGM held on June 6 2015, YES BANK has received approval from the Reserve Bank of India for re-appointment of Mr Rana Kapoor as MD & CEO for a period of three (3) years.