RBI approves Prashant Kumar’s appointment as Yes Bank CEO for 3 years – The Reserve Bank of India has approved the appointment of Prashant Kumar as MD and CEO of Yes Bank for a period of three years with effect from October 6, 2022. YES Bank has managed to secure a capital infusion of ₹8,900 crores from US-based private equity investors Carlyle and Advent International under the leadership of Prashant Kumar as the MD and CEO.
- Kumar was appointed as Managing Director & Chief Executive Officer of Yes Bank post Reconstruction in March 2020.
- Kumar’s appointment is subject to the approval of shareholders.
- Kumar also served as Deputy Managing Director & CFO of India’s largest bank SBI.
★★★★ You Can Also Read ★★★★
| Computer Awareness Quiz Questions Set (Banking) |
| Read Daily Current Affairs Topic Wise |
| Daily Current Affairs Quiz (Current GK Test) |
| Static Gk Quiz Questions and Answers |
📣 Prepare Exams is now on Facebook, Twitter, Instagram, YouTube Channel, and Google News to get all the latest News first Like, Follow and bookmark our website @ PrepareExams.com.
For all the latest Updates, download PrepareExams App.
******** End ********