REG - YES Bank Limited - Disclosure under Indian Listing Regulations
RNS Number : 2897FYES Bank Limited06 March 2020YBL/CS/2019-20/180
March 06, 2020
India International Exchange IFSC Limited
101 First Floor, Hiranandani Signature Tower,
GIFT City IFSC - 382355, Gujarat, India
The Singapore Exchange Securities Trading Limited
2, Shenton Way #19-00
SGX Centre 1, Singapore 068804
The London Stock Exchange
10, Patemoster Square,
London, EC4M 7LS
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Dear Sirs,
Sub.: Disclosure under Indian Listing Regulations - Supersession of the Board of Directors & Appointment of Administrator by Reserve Bank of India and YES Bank Limited placed under Moratorium.
With reference to the above, please find attached herewith the following:
1. Notification issued by Department of Financial Services, Ministry of Finance
2. Press release issued by Reserve Bank of India
In line with the above, Shri Prashant Kumar, ex-DMD and CFO of State Bank of India who has been appointed as the Administrator by the Reserve Bank of India under Section 36ACA(2) of the Banking Regulation Act, 1949 has taken charge with effect from today.
You are requested to kindly take the same on records.
Thanking you,
Yours faithfully,
For YES BANK LIMITED
Shivanand R. Shettigar
Group Company Secretary
Encl: As above
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