Yes Bank Ltd Sell Below 214 Target 192—184 Neal Bhai Reports

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Yes Bank Ltd Sell Below 214 Target 192—184 Neal Bhai Reports

Yes Bank Ltd. Chairman Ashok Chawla has resigned with immediate effect, said the bank in a statement to stock exchanges.

Chawla had been non-executive, independent, part-time chairman of the bank since Oct. 30, 2016. He has been on the board of the bank since March 2016.

In its statement, the bank said that Chawla was stepping down as the bank would need a chairman who can devote more time to the lender during the upcoming management transition.

Rana Kapoor, chief executive officer of the bank, is set to step down by the end of January after the RBI declined him a third term.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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