Yes Bank Gets RBI Nod for Ravneet Singh Gill to be CEO
The private sector bank also posted a 7 percent fall in third-quarter net profit as it set aside higher provisions.
Image for representation. (Photo Reuters)
Loading...
New Delhi: Yes Bank said on Thursday it got the central bank's approval to name Ravneet Singh Gill as its new chief executive officer.
The private sector bank also posted a 7 percent fall in third-quarter net profit as it set aside higher provisions.
Net profit fell to 10.02 billion rupees ($140.73 million) in the three months to Dec. 31 from 10.77 billion rupees a year earlier. That missed analysts' average estimate of 10.60 billion rupees, according to I/B/E/S data from Refinitiv.
Catch the Biggest Newsmakers and the Biggest Newsbreaks on CNN-News18, your favourite English TV news channel. Keep watching CNN-News18 at just 50 Paise per Month. Contact your cable /DTH operator Now!
*Rental / capacity fee of Rs.130/- as charged by cable / DTH operator may apply. **GST extra.
The private sector bank also posted a 7 percent fall in third-quarter net profit as it set aside higher provisions.
Net profit fell to 10.02 billion rupees ($140.73 million) in the three months to Dec. 31 from 10.77 billion rupees a year earlier. That missed analysts' average estimate of 10.60 billion rupees, according to I/B/E/S data from Refinitiv.
Catch the Biggest Newsmakers and the Biggest Newsbreaks on CNN-News18, your favourite English TV news channel. Keep watching CNN-News18 at just 50 Paise per Month. Contact your cable /DTH operator Now!
*Rental / capacity fee of Rs.130/- as charged by cable / DTH operator may apply. **GST extra.