The central government has appointed former SBI banker Prashant Kumar as the new Chief Executive Officer of the financially troubled Yes Bank.
Accordingly, the former Chief Financial Officer and Deputy Managing Director of
State Bank of India (SBI) will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday, a Finance Ministry notification said.
State Bank of India (SBI) will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday, a Finance Ministry notification said.
At present, office of the Administrator appointed by the RBI has taken the charge of the bank till the date of moratorium cessation.
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