The Reserve Bank of India (RBI) has approved the reappointment of Rama Subramaniam Gandhi as the part-time non-executive chairman of Yes Bank. His new term runs from September 20, 2025, to May 13, 2027, as confirmed by a regulatory filing from Yes Bank. This move ensures leadership stability as the bank continues its recovery and aims to boost investor confidence.
Who is R Gandhi?
- Former Deputy Governor of RBI from 2014 to 2017, with over 37 years of banking experience.
- Played key roles in banking regulation, payment systems, and currency management.
- Had a three-year deputation to the Securities and Exchange Board of India (SEBI), contributing to capital market regulation.
- Served as Director of the Institute for Development and Research in Banking Technology (IDRBT), Hyderabad.
- Currently offers advisory services in the financial sector and is on boards of various fintech, market infrastructure, and information utility entities.
Impact on Yes Bank
- Ensures continuity in leadership during the bank’s critical recovery phase post-2020 crisis.
- Brings extensive regulatory credibility and financial discipline.
- Supports long-term governance, risk oversight, and compliance with RBI norms.
- As a non-executive chairman, he oversees board functions but is not involved in day-to-day operations.
Key Facts for Competitive Exams
- Reappointment Period: September 20, 2025 – May 13, 2027
- Role: Part-time non-executive chairman at Yes Bank
- Previous Experience: Former RBI Deputy Governor (2014-2017), SEBI secondment, Director at IDRBT Hyderabad
- Significance: Leadership stability for Yes Bank’s ongoing recovery and investor confidence
