YES Bank has announced a revision in its Environmental, Social, and Governance (ESG) rating by NSE Sustainability Ratings & Analytics Ltd. The SEBI-registered ESG Rating Provider has adjusted the bank's rating to 77 from the previously assigned 78 for FY 2024-25, though the bank continues to maintain its Leader Category status.

Rating Revision Details

The rating revision was communicated to YES Bank through an email received on April 02, 2026, from NSE Sustainability. This update follows the bank's earlier disclosure made to stock exchanges on December 16, 2025, when the initial ESG rating of 78 was announced for FY 2024-25.

Independent Assessment Process

YES Bank emphasized that it did not engage NSE Sustainability for the ESG rating assignment. The rating was independently determined by the ESG Rating Provider based on the bank's public disclosures pertaining to FY 2024-25. This independent assessment approach ensures objectivity in the evaluation process.

Year-over-Year Performance

Despite the recent one-point revision, the current rating of 77 still represents an improvement compared to the FY 2023-24 rating of 76. This indicates the bank's continued progress in environmental, social, and governance practices over the past fiscal year.

Regulatory Compliance

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. YES Bank has confirmed that the relevant information weblinks from both BSE Limited and National Stock Exchange of India Limited are being hosted on the bank's official website at www.yes.bank.in , ensuring compliance with regulatory requirements.

The communication was signed by Sanjay Abhyankar, Company Secretary of YES Bank Limited, and digitally authenticated on April 03, 2026.

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.