ANI
15 May 2019, 11:25 GMT+10
Mumbai (Maharashtra) [India], May 15 (ANI): Former Reserve Bank of India Deputy Governor Rama Subramaniam Gandhi has been appointed as Additional Director on the board of Yes Bank.
The appointment from May 14 is for a period of two years, the private lender said in a filing to stock exchanges late on Tuesday.
"This will significantly strengthen Yes Bank's board composition and the bank will immensely benefit from R Gandhi's experience and wisdom at the Yes Bank," it said.
Gandhi was RBI Deputy Governor from April 2014 to April 2017. He was in charge of portfolios like banking operations and development, non-banking supervision and risk monitoring.
Yes Bank had posted its first-ever quarterly loss of Rs 1,507 crore in the March quarter of fiscal 2018-19. Rating agencies ICRA and India Ratings have both downgraded the long-term ratings of the bank. (ANI)Get a daily dose of Manufacturing Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Manufacturing Mirror.
More InformationKarachi [Pakistan], February 25 (ANI): Sahir Hasan, the son of renowned Pakistani actor Sajid Hasan, has confessed to being involved...
The 16th package of Ukraine-related sanctions also targets an actor, a chess grandmaster, a TV presenter and an Olympic gymnast Russian...
The right-wing party has recorded its best-ever result in Germany's parliamentary elections, preliminary results show ...
New Delhi [India], February 24 (ANI): The Supreme Court on Monday refused to entertain a Public Interest Litigation plea that sought...
Dhaka [Bangladesh], February 23 (ANI): Bangladesh's Chief Adviser Muhammad Yunus has invited SpaceX CEO Elon Musk to visit Bangladesh...
Chandigarh (Punjab) [India], February 23 (ANI): Punjab Director General of Police (DGP) Gaurav Yadav announced on Sunday that Batala...
MILAN, Italy: Italy's competition authority has launched an investigation into four major automakers—BYD, Stellantis, Tesla, and Volkswagen—over...
COOLIDGE, Arizona: Nikola Corporation has filed for Chapter 11 bankruptcy protection, marking another major collapse in the struggling...
(Photo credit: Dan Hamilton-Imagn Images) The Carolina Hurricanes and the host Montreal Canadiens are dealing with different personnel...
(Photo credit: Matt Cashore-Imagn Images) No. 19 Louisville has a lot to play for as it wraps up the road portion of its regular...
Jind (Haryana) [India], February 24 (ANI): In a road accident, three people were killed in Haryana's Jind on Monday. The deceased included...