Ravneet Gill takes charge as Yes Bank MD, CEO
NEW DELHI: Yes Bank said Ravneet Gill has taken charge as its MD and CEO with immediate effect for a tenure of three years. “Ravneet Gill has joined Yes Bank as MD & CEO today. His tenure as approved by RBI is 3 years from the date of his joining, i.e. March 1, 2019 to […]
Ravneet Singh Gill to be Yes Bank MD, CEO
NEW DELHI: Deutsche Bank India CEO Ravneet Singh Gill has been named the new MD and CEO of Yes Bank with effect from March 1. The Reserve Bank of India (RBI) gave its approval to replace current MD and CEO Rana Kapoor, whose term ends on January 31, with Gill, Yes Bank said in a […]
RBI refuses more time to Rana Kapoor; tells Yes Bank to appoint new chief by February 1
NEW DELHI: Reserve Bank of India (RBI) on Wednesday refused to grant more time to Yes Bank’s long serving CEO and MD Rana Kapoor and asked the private sector lender to appoint his successor latest by February 1, 2019. Last month, the Yes Bank board had sought at least a three-month extension for Kapoor from […]
Yes Bank denies window dressing of corporate accounts to hide NPAs
MUMBAI: Private sector lender Yes Bank on Thursday said it has not indulged in any window dressing of its corporate accounts to conceal non-performing assets (NPAs). The bank had reported a gross and net NPA of 1.3% and 0.59% respectively as on 30 June 2018. The bank said the NPA figures are “among the finest […]
Moody’s affirms Yes Bank’s ratings; outlook stable
NEW DELHI: Moody’s Investors Service on Thursday affirmed the ratings of Yes Bank, a day after RBI curtailed term of the midsize private lender’s promoter chief executive Rana Kapoor. The rating agency has also maintained the outlook on the ratings as stable. “Yes Bank’s profitability is strong, and Moody’s expects that the bank can maintain […]