Tue, 20th Nov 2018 07:00
November 20, 2018
India International Exchange IFSC Limited
101 First Floor, Hiranandani Signature Tower,
GIFT City IFSC - 382355, Gujarat, India
The Singapore Exchange Securities Trading Limited
2, Shenton Way #19-00
SGX Centre 1, Singapore 068804
The London Stock Exchange
10, Patemoster Square,
London, EC4M 7LS
Sub.: Disclosure under Indian Listing Regulations
We would like to inform you that Mr. Rentala Chandrashekhar, Non-Executive, Independent Director has tendered his resignation from the Board of Directors of YES BANK on November 19, 2018 with immediate effect.
The press release in this regard is attached herewith.
Kindly take note of the above.
The announcements made by the Bank can also be accessed at its website www.yesbank.in.
For YES BANK LIMITED
Shivanand R. Shettigar
Encl: As above
Mumbai, November 19, 2018
YES BANK announces the resignation of Shri Rentala Chandrashekhar
from its Board of Directors
YES BANK announces that Shri Rentala Chandrashekhar, Independent Director has tendered his resignation from the Bank's Board, with immediate effect, due to personal reasons.
The Nomination & Remuneration Committee ('N&RC') of the Bank will look for a suitable replacement in the field of Information Technology and Cyber Security in terms of applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Companies Act, 2013 and Banking Regulation Act, 1949.
About YES BANK
YES BANK, India's fourth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its Top Management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India.
YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.
YES BANK has a knowledge driven approach to banking, and offers a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals' Bank of India with the long term mission of "BUILDING THE FINEST QUALITY LARGE BANK OF THE WORLD IN INDIA".
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