Yes Bank Ltd has re-designated Nipun Kaushal as Chief Strategy and Marketing Officer, effective August 24, 2026. The move expands his existing responsibilities to include driving the bank-level strategy function.

Yes Bank disclosed the change under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Kaushal continues to serve as a Senior Management Personnel (SMP) of the bank.

Change in Management Details

Mr. Kaushal previously held the designation of Chief Marketing Officer and Head CSR. The re-designation consolidates the marketing and corporate social responsibility functions with the broader strategic oversight of the bank.

The bank stated that the term of appointment is not applicable as Mr. Kaushal is already in full-time employment. No new appointment or re-appointment process was initiated for this internal re-designation.

Regulatory Disclosure

The disclosure was made pursuant to SEBI Listing Regulations and the SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Sanjay Abhyankar, Company Secretary, signed the filing on behalf of the bank.

Yes Bank has issued a revised intimation regarding its US$850 million medium-term note (MTN) programme, correcting a typographical error in the accompanying investor presentation. The correction was disclosed on August 17, 2026, following the initial intimation dated August 16, 2026. The bank confirmed that aside from this clerical correction, all other contents of the original disclosure remain unchanged.

The revised investor presentation supersedes the version submitted with the earlier intimation. Yes Bank requested stakeholders to disregard the previous document and rely on the updated copy for their records. This procedural update ensures accuracy in the materials provided to potential investors ahead of the scheduled meetings.

Investor Meetings Schedule

The virtual debt investor meetings are scheduled to take place from August 17 to August 24, 2026. These sessions will be conducted in a group format outside India. Yes Bank stated that discussions during these meetings will rely solely on publicly available information, with no unpublished price-sensitive information to be shared. The scheduling was finalized at shorter notice due to constraints in aligning the availability of the bank’s representatives and external participants.

Regulatory Compliance

The revised disclosure was made under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Sanjay Abhyankar, Company Secretary of Yes Bank Limited, signed the intimation on August 17, 2026. The offering circulars submitted to both India International Exchange (IFSC) Limited (India INX) and NSE IFSC Limited (NSE IX) remain publicly available on their respective websites.

Financial Context

The MTN programme is supported by the bank’s improving financial metrics. According to the investor presentation, Yes Bank reported a Return on Assets (RoA) of 0.9% in Q1FY27, up from 0.8% in FY26. The Net Interest Margin (NIM) expanded to 2.7% in Q1FY27 from 2.6% in FY26, driven by a reduction in the cost of deposits to 5.4% from 5.7% in FY26.

The bank also highlighted its strong capitalization, with a Common Equity Tier-1 (CET-I) ratio of 14.0% and a Return on Equity (RoE) of 8.9%. Sumitomo Mitsui Banking Corporation (SMBC) remains the largest shareholder with a 24.9% stake, providing strategic support for the bank’s growth phase.

What the Numbers Show

The improvement in RoA from 0.8% in FY26 to 0.9% in Q1FY27 coincides with a decline in the cost of deposits from 5.7% to 5.4%. This suggests that operational efficiencies in liability management are contributing positively to profitability, supporting the bank’s capacity to service international debt obligations.