Correct Answer : Option (C) - YES Bank
Private sector lender YES Bank on Saturday(23rd July 2022) announced the appointment of Rama Subramaniam Gandhi as an additional independent director of the bank for a period of five years.
“We are pleased to inform that the Board of Directors of the Bank at their meeting held July 23, 2022 has approved the appointment of Rama Subramaniam Gandhi as an Additional Independent Director of the Bank for a period of five years effective from July 23, 2022, subject to the approval of shareholders,” YES Bank said in a regulatory filing to the stock exchanges.
“Further, please note that R Gandhi is not related to any other Directors or Key Managerial Personnel of the Bank and he is not debarred from holding the office of a director, by virtue of any SEBI order or any other such authority/regulator,” it said.
Gandhi is currently a financial sector policy expert and adviser. Currently, he advises banks, finance companies, fintech entities, payment system entities, investors and funds on subjects ranging from financial regulations and Indian economy..Source : The Print