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Detailed explanation-1: -“Further, please note that R Gandhi is not related to any other Directors or Key Managerial Personnel of the Bank and he is not debarred from holding the office of a director, by virtue of any SEBI order or any other such authority/regulator,” it said.

Detailed explanation-2: -News: Yes Bank appoints former RBI deputy governor Rama S Gandhi as independent director.

Detailed explanation-3: -The Reserve Bank of India (RBI) has approved the appointment of Prashant Kumar as MD and CEO of Yes Bank for three years with effect from 6 October 2022.

Detailed explanation-4: -Former RBI deputy governor R Gandhi on September 20 was appointed as part-time chairman of YES Bank. The appointment is for a period of three years. “As recommended by the Board of Directors of the Bank, the Reserve Bank of India (RBI) vide its letter dated September 20, 2022, has approved the appointment of Mr.

Detailed explanation-5: -The Reserve Bank vide its letter dated September 20, 2022 has approved the appointment of Rama Subramaniam Gandhi as non-executive (part time) chairman of the bank for a period of three years effective from Tuesday, Yes Bank said.