The RBI has approved the reappointment of Ram Subramanyam Gandhi as the Part-Time Chairman of YES BANK. His tenure will be from September 20, 2025, to May 13, 2027. Gandhi is a former Deputy Governor of the RBI, and his experience is expected to strengthen the bank's governance and investor confidence.
YES BANK informed the stock market that the Reserve Bank of India (RBI) has approved the reappointment of Ram Subramanyam Gandhi as Part-Time Chairman. His new term will be from September 20, 2025, to May 13, 2027. Gandhi, who served as the Deputy Governor of the RBI from 2014 to 2017 and has held important roles in the banking sector for 37 years, is seen as a move that will enhance the bank's stability and investor confidence. This appointment could have a positive impact on YES BANK's governance and regulatory relations.
New Tenure and Responsibilities
Following the RBI's approval, Ram Subramanyam Gandhi's tenure will commence on September 20, 2025, and conclude on May 13, 2027. During this period, his salary and allowances will also be determined based on RBI's approval. It has also been clarified that he is not associated with any other director or key management personnel, nor are there any restrictions against him from SEBI or any other regulator.
Ram Subramanyam Gandhi's Experience
Ram Subramanyam Gandhi's experience is considered quite significant in the Indian banking sector. He served as the Deputy Governor of the Reserve Bank of India from 2014 to 2017. During his long career of 37 years at the RBI, he held various responsibilities. Additionally, he also worked on deputation at SEBI for three years.
Gandhi also served as the Director of IDRBT (Institute for Development and Research in Banking Technology) in Hyderabad. He has also held several important responsibilities internationally. He has been a member of several international committees, such as the Basel Committee on Banking Supervision and the Committee on Global Financial Systems.
Trusted Advisor to Fintech Companies
Ram Subramanyam Gandhi also possesses a b academic background. He holds a Master's degree in Economics from Annamalai University. Furthermore, he has received training in banking, capital markets, and systems from the United States and Australia. Currently, he is advising fintech companies and investment funds on regulatory and economic matters.
What This Decision Means for Yes Bank
The return of an experienced individual like a former RBI Deputy Governor is considered very significant for Yes Bank. This is expected to bring stability to the bank's leadership. Additionally, governance and regulatory relationships will also be strengthened. Experts believe that this will further boost investor confidence.
Given Gandhi's experience and long tenure, the bank's operations could also be positively impacted. Especially at a time when the banking sector is continuously navigating new challenges and changes, having an experienced figure is seen as a message of relief for the bank.
Immediate Impact Seen in the Stock Market
Following the news, the stock of Yes Bank also showed an impact in the stock market. Despite an initial decline in early trading, the stock gained strength after the announcement of the RBI's approval. Investors are hopeful that this will help improve the bank's image and financial position in the times to come.
Increased Confidence in the Banking Sector
Experts believe that this move by Yes Bank will strengthen confidence not only in the bank but also in the entire banking sector. Investors believe that when an experienced person like a former RBI Deputy Governor is taking on the responsibility of Chairman, their direct influence will be visible on the bank's policies and management.
