The bank announced the appointment of Anita Pai as its chief operating officer and Jasneet Bachal as its chief marketing officer of the bank.
Shares of Yes Bank continued to trade weak, slipping 7 percent intraday on October 10.
The bank announced the appointment of Anita Pai as its chief operating officer and Jasneet Bachal as its chief marketing officer.
Anita Pai was the Senior General Manager and Head of ATM Business, Branch banking Service and Phone Banking at ICICI Bank. She has also been associated with ICICI Prudential Life Insurance Company Limited and HDFC Limited.
Kotak Securities expects Yes Bank to report yet another challenging quarter.
In the last month, Morgan Credits Pvt Ltd, part of the bank's promoter group, sold a 2.3 percent stake in the bank.
The proceeds, it was added, would be utilised to prepay a substantial portion of the outstanding non-convertible debentures (NCDs) of MCPL subscribed by various schemes of Reliance Nippon Life Asset Management Company.At 14:18 hrs today, Yes Bank was quoting at Rs 40.70, down by Rs 2.50 or 5.79 percent on the BSE.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.