Moody's places Yes Bank under review for downgrade; independent director Mukesh Sabharwal quits board
Moody’s placed Yes Bank Ltd under review for downgrade, citing the private-sector lender’s exposure to weak companies in the country’s financial sector
On 6 May, the Delhi court granted Chidambaram and his son Karti interim protection from arrest in the case till 30 May.
After Kamark's exit, only Ashok Chawla and Sharad Sharma remain on Jet Airways board, which ceased operations around mid-April
Deutsche Bank's Ravneet Singh Gill in race for top post at Yes Bank to replace Rana Kapoor; new CEO's name to be disclosed after RBI approval
The Reserve Bank of India has asked Yes Bank RBI to find a new CEO by 1 February to replace current CEO Rana Kapoor.
Aircel Maxis case: Ashok Chawla resigns as chairman of National Stock Exchange after Centre sanctions prosecution
A former finance secretary, Ashok Chawla took over as the chairman of the exchange on 28 March 2016.
Yes Bank finalises potential candidates for top job to replace Rana Kapoor; new CEO's name to be disclosed after RBI approval
Yes Bank Ltd said on Wednesday it has finalised the potential candidates for the position of chief executive officer to replace the incumbent Rana Kapoor, but did not disclose names.
The Yes Bank's chairman post fell vacant after the resignation of Ashok Chawla in November following issues related to probity.
Yes Bank appoints former IRDAI chief TS Vijayan as additional director for five years with immediate effect
Yes Bank said the appointment of Vijayan will be subject to the approval of shareholders at the next general meeting of the bank.
Governance lapses, poor compliance culture forced RBI to trim Rana Kapoor's term at Yes Bank, say sources
Sources close to Yes Bank said several of the concerns raised by the RBI have already been addressed and the same were reflected in its communication.
As Kapoor still remains the head of the bank until January next year, the possibility of him proposing for the chairman post looks bleak, added the sources
Yes Bank said its board on 13 December will recommend names for a new chairman to be approved by the RBI as well as consider the appointment of independent directors.
After Moody's, Icra downgrades Yes Bank citing poor corporate governance; warns of further cuts on adverse developments
Icra had placed the bank on rating watch earlier this month and had said the resignations--there were three so far--would impede the bank's ability to raise capital.
Yes Bank board to recommend names for new chairman to RBI on 13 December; says on track to find Rana Kapoor's successor
Yes Bank reiterated that it is on track to find a successor to MD and CEO Rana Kapoor
Chandrashekar was of the view that the bank should have been focussing on the transition and making sure that there was an orderly transition
Rana Kapoor and Madhu Kapur have an acrimonious past and have also battled in the Bombay High Court.+++
Yes Bank cited personal reasons for Chandrashekhar's resignation
The Reserve Bank of India (RBI) has asked YES Bank to find a replacement for its founder MD and CEO Rana Kapoor by 31 January
Yes Bank shares fall for second day in a row, down 7% after Ashok Chawla resigns as non-executive chairman
On Thursday, the Yes Bank shares had plunged over seven percent on the stock exchanges.
Former SBI chairman O P Bhatt has resigned from the panel set up by Yes Bank to find a successor to its MD and CEO Rana Kapoor, the private sector bank said on Thursday
Chawla’s departure exacerbates the turmoil the Yes Bank management is in, after RBI denied an extension to its CEO Rana Kapoor for a second time last month