R Gandhi appointed as Additional Director on Yes Bank board

Mon, 22 Jul 2019

R Gandhi appointed as Additional Director on Yes Bank board

ANI
15 May 2019, 15:55 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)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Birmingham News.

More Information

International

Gulf tensions put global flow of oil supplies at risk

Tensions between the United States, Iran and other countries are flaring again in the Strait of Hormuz.There are competing explanations ...

Guzman jailed but business as usual for Sinaloa cartel

The infamous Mexican drug lord Joaquin Archivaldo Guzman Loera – aka "El Chapo" – has been sentenced to life plus ...

8 school children dead after truck crash in Philippines

CEBU, Philippines - An excursion on Friday for 39 primary school kids on their way to a sports meet at ...

Islamic Revolutionary Guards Corps capture British tanker

TEHRAN, Iran - Iran has seized a British Oil tanker in the Strait of Hormuz, apparently in retailiation for Britains ...

UN hailed astronauts as 'three great pioneers'

NEW YORK, New York - As the world remembers Saturday's 50th anniversary of the "giant leap for mankind" made by ...

Smith Advertising a virtual ponzi scheme, says FBI

TAMPA, Florida - In the United States, an elderly man in a wheelchair lost more than $100,000. A woman lost ...

United Kingdom

Islamic Revolutionary Guards Corps capture British tanker

TEHRAN, Iran - Iran has seized a British Oil tanker in the Strait of Hormuz, apparently in retailiation for Britains ...

Midfield: Rassie's only murky Bok area

Cape Town - Bok ratings: Give that No 9 ... a nine!If the current Boks, amassing a tidy head of ...

Sheffield United break club record to sign Mousset

London - Premier League newcomers Sheffield United broke their club transfer record to sign France Under-21 striker Lys Mousset from ...

Henman: Federer can win another Grand Slam

Cape Town - Former British No 1 Tim Henman believes Roger Federer still has what it takes to win another ...

Hong Kong Residents Deface Chinese Emblem in Latest Protest

HONG KONG - Tens of thousands of pro-democracy demonstrators took to the streets of Hong Kong on Sunday, with some ...

We enjoy having Harry in Leicester City, says Wes Morgan

Leeds [UK], July 21 (ANI): Leicester City captain Wes Morgan has said that the club enjoys having Harry Maguire in ...

Movie Review

Saving Private Ryan [Blu-Ray]