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Yes Bank Gets RBI Nod For Ravneet Singh Gill To Be CEO

The private sector bank also posted a 7 per cent fall in third-quarter net profit as it set aside higher provisions

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Yes Bank said on Thursday it got the central bank's approval to name Ravneet Singh Gill as its new chief executive officer.

The private sector bank also posted a 7 per cent fall in third-quarter net profit as it set aside higher provisions.

Net profit fell to 10.02 billion rupees ($140.73 million) in the three months to Dec. 31 from 10.77 billion rupees a year earlier. That missed analysts' average estimate of 10.60 billion rupees, according to I/B/E/S data from Refinitiv.

(Reuters)


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