Yes Bank Director Quits, Saying He Was Not Happy With Developments

The transcript discusses a series of resignations from the Yes Bank board, including notable figures like Chandrashekar, Ashok Chawla, and OP Bot. These resignations have raised concerns about the bank's leadership and future direction. The Reserve Bank of India had previously directed a leadership change, and Yes Bank is now in the process of appointing a new CEO. Despite the bank's claim that resignations are due to personal reasons, the situation suggests potential delays in the leadership transition. The management is working to appoint new board members to stabilize the bank's governance.

Who was the former telecom secretary that resigned from the Yes Bank board?

• Chandrashekar

• OP Bhatt

• Ashok Chawla

• Raghuram Rajan

What reason did Yes Bank give for the recent board resignations?

• Market competition

• Regulatory pressure

• Personal reasons

• Financial instability

What is the Reserve Bank of India's directive regarding Yes Bank?

• Increase interest rates

• Expand branch network

• Change in leadership

• Reduce loan offerings

By when does Yes Bank need to appoint a new CEO?

• End of this year

• Mid next year

• Early next year

• End of next year

What challenge is Yes Bank facing in appointing a new CEO?

• Lack of qualified candidates

• Regulatory restrictions

• Board resignations causing delays

• Financial constraints