Yes Bank reappoints chairman, SMBC stake approved, schedules investor events

Yes Bank has announced the re-appointment of Mr. Rama Subramaniam Gandhi as its part-time chairman. The Reserve Bank of India (RBI) approved his re-appointment from September 20, 2025, to May 13, 2027, with remuneration as approved by the RBI. Mr. Gandhi, a financial sector policy expert and former deputy governor of RBI, is not debarred from holding a directorship by SEBI and is unrelated to any other directors or key managerial personnel of the bank.

Yes Bank has also scheduled its participation in the JM Financial Flagship India Conference from November 19-21, 2025, involving physical group and one-on-one meetings in Mumbai. The bank also reported on an "ASHWAMEDH - ELARA INDIA DIALOGUE 2025 - INDIA EDITION" conference held on September 2, 2025, which included meetings with several institutions.

Furthermore, Sumitomo Mitsui Banking Corporation (SMBC) has confirmed that the Competition Commission of India (CCI) has approved its proposed stake acquisition in Yes Bank. This transaction involves a secondary purchase from the State Bank of India and seven other shareholders. No unpublished price-sensitive information was shared during the investor meetings.