Edition:
India

Yes Bank Says Madhu Kapur Group & Rana Kapoor Group Agreed To Nominate 1 Representative Director Each On Bank's Board


Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Yes Bank Ltd ::SAYS UPDATE ON YES BANK BOARD MATTERS.MADHU KAPUR GROUP AND RANA KAPOOR GROUP HAVE AGREED TO NOMINATE ONE REPRESENTATIVE DIRECTOR EACH ON THE BANK'S BOARD.TWO NEW APPOINTED DIRECTORS WILL BE ANNOUNCED AT THE NEXT SCHEDULED BOARD MEETING IN APRIL, 2019.RECOMMENDED TO RBI A SENIOR BOARD DIRECTOR FOR TEMPORARILY HOLDING OFFICE AS BOARD DIRECTOR ON INTERIM SPECIAL DUTY (MD,CEO'S RESPONSIBILITIES)FROM FEB 1.