The bank also gave the credit cost guidance for financial year 2019 at 50-70 basis points and said that it was committed to protect shareholder’s interests.
The board meet of the company is scheduled today to decide the course of action post RBI curtailing term of Rana Kapoor.
Yes Bank Rises On Re-Appointing Rana Kapoor As MD And CEO
Shares of the Mumbai-based private sector lender rose as much as 3.09 percent to Rs 233.25 after its board re-appointed Rana Kapoor as the MD and the CEO.
