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Yes Bank said that the Reserve Bank of India (RBI) has granted its approval for the extension of the tenure of appointment of Prashant Kumar as managing director & CEO of the bank.
The RBI has extended the tenure of Prashant Kumar for a period of six months with effect from 06 October 2025 or till the appointment of new managing director and CEO/successor taking charge, whichever is earlier.
Yes Bank, a full-service commercial bank headquartered in Mumbai, offers a wide array of products, services, and digital solutions, catering to retail, MSME, and corporate clients.
In Q4 FY25, Yes Bank reported a 63.34% jump in standalone net profit to Rs 738.12 crore, while total income rose 3.76% YoY to Rs 9,355.39 crore.
The scrip shed 0.88% to currently trade at Rs 20.24 on the BSE.
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