YESBANKNSEYes Bank Limited· BanksHighNegative
Announced Wed, 20 May · 17:10 IST

Yes Bank Limited has informed the Exchange about Resignation of Director/KMP/SMP

Management Changes View source PDF

YESBANK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹22.03
prior close
₹22.17
base price
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AI summary

Mr. Ajay Rajan, Country Head - Transaction Banking, Government, MNC & New Economy Business, and IBU at Yes Bank, has tendered his resignation effective April 09, 2026. He will be relieved from his duties on May 31, 2026. The reason cited for his departure is "better profile," indicating he has secured a better career opportunity elsewhere. Mr. Rajan had served the bank for approximately 8.5 years in various senior capacities and expressed gratitude to the management, board, and team members in his resignation letter. The bank has filed this disclosure under SEBI's Regulation 30 for change in Senior Management Personnel.

Likely market impact

This is a routine senior-level departure that is unlikely to have any significant impact on the bank's operations or stock price, as the role appears to be a business unit head rather than a key managerial or executive leadership position.