R Gandhi Reappointed as Yes Bank Chairman by RBI

In a move that reinforces leadership continuity and governance stability at Yes Bank, the Reserve Bank of India (RBI) has cleared the reappointment of R Gandhi as the part-time non-executive chairman of the private sector lender. His new term will run from September 20, 2025, to May 13, 2027, as confirmed in a regulatory filing made by Yes Bank.

This decision comes at a critical time as the bank continues its recovery journey and aims to strengthen investor confidence and institutional oversight.

Who is R Gandhi?

Rama Subramaniam Gandhi is a highly respected figure in Indian banking circles. A career central banker with over 37 years of experience, Gandhi served as Deputy Governor of the Reserve Bank of India from 2014 to 2017.

His extensive contributions to India’s financial system include,

• Leading roles in banking regulation, payment systems, and currency management
• A three-year deputation to SEBI (Securities and Exchange Board of India), helping regulate capital markets
• Tenure as Director at the Institute for Development and Research in Banking Technology (IDRBT) in Hyderabad

Impact on Yes Bank

R Gandhi’s reappointment ensures leadership continuity at Yes Bank during a pivotal phase. The bank, which faced a major crisis in 2020, has since undergone restructuring and capital infusion under RBI’s oversight. His presence,

• Brings regulatory credibility and financial discipline
• Supports long-term strategic planning and governance
• Strengthens the bank’s compliance posture with RBI norms

As a non-executive chairman, Gandhi will not be involved in daily management but will play a key role in overseeing board functions, risk oversight, and regulatory engagement.

Key facts for exams

• Reappointment Period: September 20, 2025 – May 13, 2027
• Appointee: R Gandhi, former RBI Deputy Governor (2014–2017)
• Role: Part-time, non-executive chairman, Yes Bank
• Additional Roles Held: SEBI secondment, IDRBT director