yes bank announced the resignation of Mr. Ajay Rajan, Country Head - Transaction Banking, Government, MNC & New Economy Business, and IBU, effective May 31, 2026. The executive, who served the bank for 8.5 years, stepped down to pursue a better profile. The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rajan had initially tendered his resignation on April 09, 2026. In his resignation letter addressed to Executive Director Mr. Manish Jain, he expressed gratitude for the opportunities to manage diverse strategic portfolios and collaborate with talented teams. He highlighted the bank's resilience and its focus on technology-led and customer-centric solutions during his tenure.

The bank confirmed that Rajan has been relieved from his services on May 31, 2026. The information was submitted to both the National Stock Exchange of India Limited and BSE Limited. The filing referenced the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Details of Change in Senior Management

The following table outlines the particulars of the change in senior management personnel as disclosed in the filing:

Rajan assured the bank of his full cooperation to ensure a smooth transition. He stated that he would remain a staunch Brand Advocate for the institution and expressed confidence that the bank would continue to thrive.

Yes Bank engaged with several institutional investors and analysts during the 360 ONE Capital Trinity India 2026 conference held on May 28, 2026. The meetings, conducted in Mumbai, served as a platform for the bank to interact with key market participants without sharing any unpublished price sensitive information.

The interactions included both one-on-one and group meetings. The first session was a physical one-on-one meeting with Millennium Capital Management (Singapore) Pte Ltd from 09:00 AM to 10:00 AM. This was followed by another one-on-one meeting with Flowering Tree Investment Management Pte Ltd between 10:00 AM and 11:00 AM.

A group meeting was held from 11:00 AM to 12:00 PM with seven entities, including Ambit Investment Advisors Private Limited, Bandhan AMC Limited, Bajaj Finserv Asset Management Limited, and Kshema General Insurance Limited. Other participants in this session included MK Ventures, UTI Pension Fund Limited, and 360 ONE Capital Market Private Limited.

A second group meeting took place from 12:00 PM to 01:00 PM, featuring eight institutions such as Bajaj Alternate Investment Management Limited, Damani Family Office, and HDFC ERGO General Insurance Company Limited. The group also included Mount Intra Finance Private Limited, PL Asset Management Private Limited, ValueQuest Investment Advisors Private Limited, 360 ONE Wealth, and 360 ONE Capital Market Private Limited.

The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the bank's website.

Schedule of Meetings