RBI clears reappointment of R Gandhi as Yes Bank chairman

The Reserve Bank of India has approved the reappointment of former Deputy Governor R. Gandhi as Yes Bank’s part-time chairman from September 2025 to May 2027. Gandhi, a veteran central banker with 37 years’ experience, previously served in RBI, SEBI, and IDRBT

New Delhi: Private sector lender Yes Bank on Tuesday said the Reserve Bank has approved the reappointment of former RBI Deputy Governor R Gandhi as non-executive chairman of the bank.

The Reserve Bank of India (RBI), through its letter dated September 1, 2025, has approved the re-appointment of Rama Subramaniam Gandhi as part-time Chairman of the bank for a further period from September 20, 2025, to May 13, 2027, at a remuneration approved by the RBI, Yes Bank said in a regulatory filing.

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He served as the Deputy Governor of the Reserve Bank of India for three years from 2014 to 2017. He had been a seasoned and accomplished central banker for 37 years. Gandhi had a three-year secondment to the Securities and Exchange Board of India (SEBI), the capital market regulator. He also held the charge of Director of the Institute for Development and Research in Banking Technology, IDRBT, Hyderabad.