YES BANK has officially announced the appointment of Mr. S. Anantharaman as its Chief Risk Officer, effective April 1, 2026. The appointment was disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting the strategic importance of this leadership addition to strengthen the bank's risk management capabilities.

Official Appointment Details

The bank has formally communicated the appointment to stock exchanges through official disclosure documents. The appointment represents a significant step in YES BANK's ongoing efforts to enhance its risk governance framework with seasoned leadership.

Professional Background and Expertise

Mr. S. Anantharaman brings over three decades of comprehensive experience in banking and financial services, with specialized expertise in enterprise risk management, credit strategy, portfolio quality management, fraud risk, and regulatory governance. He holds professional qualifications as a Chartered Accountant (ACA) and Chartered Financial Analyst (CFA).

Prior to joining YES BANK, Anantharaman served as Group Chief Risk Officer at Jio Financial Services, where he established the group-wide risk management architecture across multiple financial services businesses including lending, payments, insurance broking, and asset management.

Career Progression Across Leading Institutions

Anantharaman's career spans leadership roles at several prominent financial institutions where he has consistently demonstrated expertise in risk management:

Strategic Impact on Risk Management

The appointment underscores YES BANK's commitment to building robust risk management capabilities under experienced leadership. Anantharaman's proven track record in strengthening risk frameworks and supporting asset quality improvements across large financial institutions positions him well to enhance the bank's risk assessment processes and regulatory compliance standards.

His experience in implementing advanced data-driven risk management frameworks and managing diverse credit portfolios aligns with the bank's strategic focus on strengthening organizational capabilities and governance structure.

YES Bank has announced the receipt of INR 210 crores from two separate trusts in its Security Receipts Portfolio, marking a significant development in its asset reconstruction activities. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, on March 31, 2026.

Receipt Details from Security Receipts Portfolio

The bank received funds from two distinct trusts as part of its Security Receipts Portfolio related to the loan portfolio previously sold to J. C. Flower Asset Reconstruction Private Limited (JC Flower ARC) on December 17, 2022. The receipt breakdown shows substantial amounts from both trusts.

Regulatory Compliance and Disclosure Requirements

The disclosure was necessitated as the funds received from each trust individually exceeded both the underlying carrying value of the respective trusts and the materiality threshold prescribed under the amended Listing Regulations. This regulatory requirement ensures transparency in significant financial transactions that could impact stakeholders' interests.

Background and Context

This receipt relates to YES Bank's earlier strategic decision to sell its NPA (Non-Performing Assets) Portfolio to JC Flower ARC in December 2022. The current receipt represents proceeds from the Security Receipts issued as part of that transaction, demonstrating the ongoing value realization from the bank's asset reconstruction initiatives.

Compliance and Information Dissemination

In accordance with the Listing Regulations, YES Bank has ensured that the disclosure information is hosted on its official website at www.yes.bank.in . The bank has also provided the relevant weblinks of both BSE Limited and National Stock Exchange of India Limited for appropriate dissemination to all stakeholders and market participants.