Yes Bank has announced the appointment of Vinay Muralidhar Tonse as its new Managing Director and Chief Executive Officer (MD & CEO) for a three-year term starting April 6, 2026. Tonse succeeds Prashant Kumar, who steered the bank through its reconstruction phase since 2020. With over 35 years of banking experience, Tonse’s leadership is expected…
Yes Bank has announced a major leadership transition with the appointment of Vinay Muralidhar Tonse as its new Managing Director and Chief Executive Officer (MD & CEO), following approval from the Reserve Bank of India (RBI). Tonse will officially assume charge on April 6, 2026, succeeding Prashant Kumar, who steered the bank through its post-crisis…
The Securities and Exchange Board of India (Sebi) has reportedly accused executives from two of the world’s largest auditing and consulting firms, PricewaterhouseCoopers (PwC) and Ernst & Young (EY), of alleged lapses in connection with Yes Bank’s 2022 share sale. The development has sent shockwaves across corporate and financial circles, raising serious questions about governance,…
