The Reserve Bank of India (RBI) has officially cleared the reappointment of Rama Subramaniam Gandhi as part-time, non-executive chairman of Yes Bank. The new appointment is for 20 September 2025 – 13 May 2027.

Yes Bank described in its interview with the press that the approval letter from the Reserve Bank of India was dated September 1, 2025. Gandhi has more than 37 years of experience in banking and finance. He had previously served as: 

Deputy Governor, Reserve Bank of India (2014–2017), with the responsibilities of banking regulations, currency management and financial stability. 

At the Securities and Exchange Board of India (SEBI), in charge of the capital markets. 

Director of the Institute for Development and Research in Banking Technology (IDRBT), Hyderabad, fintech and payments systems. 

Since leaving the Reserve Bank of India, he has acted as an independent director and adviser in a number of financial and fintech companies. Experts say that his experience will help Yes Bank strengthen its management and create confidence among investors.

Stock Market Update

Yes Bank was one of the most traded stocks on this day, as close to 100 million shares exchanged hands, which equates to roughly ₹203.21 crores. 

The stock opened at ₹20.49, reached a high of ₹20.54, and closed at ₹20.29, down 0.39% from the previous day’s close. While there was a small decline in the stock relative to the previous trading session, it is now trading above all of the key moving averages, which indicates it may continue to trend in the long run, positively. 

The investor participation was below average, as there was a 28.62% reduction in the delivery volumes, relative to the 5-day average per each, as only 4.11 crores of shares were delivered on September 5, which indicates that much of the trading was short-term trade. 

The banking sector went up by 0.02%, while the Sensex increased by 0.34%. Yes Bank’s market value is ₹64,122 crore, and therefore, it is considered a mid-cap company.