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Yes Bank informs about appointment of administrator

06 Mar 2020 Evaluate

Pursuant to Regulation 30 of SEBI LODR, Yes Bank has informed that the company enclosed notification issued by Department of Financial Services, Ministry of Finance; and press release issued by Reserve Bank of India. Prashant Kumar, ex-DMD and CFO of State Bank of India who has been appointed as the Administrator by the Reserve Bank of India under Section 36ACA(2) of the Banking Regulation Act, 1949 has taken charge with effect from today March 06 2020.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
HDFC Bank 724.00
ICICI Bank 1357.50
Axis Bank 1240.95
Kotak Mahindra Bank 412.70
Indusind Bank 967.65
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