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RBI Clears Six-Month Extension for YES Bank Executive Director Rajan Pental

Story Highlights
  • YES Bank secured RBI approval to reappoint Rajan Pental as Executive Director until July 2026.
  • Pental’s renewed term stabilizes leadership over core retail, SME, technology and service functions at YES Bank.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RBI Clears Six-Month Extension for YES Bank Executive Director Rajan Pental

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Yes Bank Limited ( (IN:YESBANK) ) has issued an announcement.

YES Bank has received approval from the Reserve Bank of India to reappoint Dr. Rajan Pental as Executive Director for a further six-month term from 2 February 2026 to 31 July 2026, aligning with his superannuation date and subject to shareholder approval. Pental, who joined the bank in 2015 and has three decades of experience in financial services, oversees a wide span of critical businesses and functions, including branch and retail banking, SME and rural banking, credit cards, technology and operations, and marketing, underscoring his central role in YES Bank’s day-to-day operations and strategic direction. The bank confirmed that he is not debarred by any regulatory authority, and his continued presence on the board signals a drive for continuity in leadership and operational stability across key growth and customer-focused segments.

More about Yes Bank Limited

YES Bank Limited is an Indian private sector bank that offers a broad range of financial services, including retail and affluent banking, SME and rural banking, NRI services, wealth management, credit cards, merchant acquisition, and various liabilities and asset products. The bank focuses on both urban and rural markets, with an emphasis on technology-driven solutions, customer experience, and diversified retail and SME portfolios, supported by its subsidiary YES Securities in the capital markets space.

Average Trading Volume: 10,107,304

Technical Sentiment Signal: Hold

Current Market Cap: 714.2B INR

Learn more about YESBANK stock on TipRanks’ Stock Analysis page.

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