General Announcement::Disclosure under Indian Listing Regulations

Issuer & Securities

Issuer/ Manager
YES BANK LIMITED, ACTING THROUGH ITS INTERNATIONAL FINANCIAL SERVICES CENTRE BANKING UNIT
Securities
YESBANK US$600M3.75%N230206 - XS1756056229 - 8HFB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
06-Mar-2020 14:37:32
Status
New
Announcement Sub Title
Disclosure under Indian Listing Regulations
Announcement Reference
SG200306OTHRBL08
Submitted By (Co./ Ind. Name)
Shivanand R. Shettigar
Designation
Group Company Secretary
Effective Date and Time of the event
06/03/2020 12:30:00
Description (Please provide a detailed description of the event in the box below)
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.

Attachments