YES Bank Chief Risk Officer Tushar Patankar Resigns Effective January 21, 2026

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Key Highlights

YES Bank announced the resignation of Chief Risk Officer Tushar Patankar, effective January 21, 2026. Patankar submitted his resignation on November 12, 2025, citing career aspirations, with the bank providing over two months' notice period. The disclosure was made under SEBI Regulation 30 requirements to both NSE and BSE, with proper documentation and regulatory compliance maintained throughout the transition process.

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YES Bank has announced the resignation of Mr. Tushar Patankar from his position as Chief Risk Officer, effective from the close of business hours on January 21, 2026. The bank disclosed this senior management change under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Timeline and Details

Patankar had submitted his resignation on November 12, 2025, expressing his intention to pursue career aspirations. The bank provided a notice period of over two months before relieving him from his duties. The following table outlines the key details of the resignation:

Parameter: Details
Name & Designation: Mr. Tushar Patankar, Chief Risk Officer
Resignation Date: November 12, 2025
Effective Date: January 21, 2026
Reason: Career aspirations
Notice Period: Over 2 months

Regulatory Compliance

YES Bank fulfilled its disclosure obligations by informing both the National Stock Exchange of India Limited (NSE Symbol: YESBANK) and BSE Limited (BSE Scrip Code: 532648) about the senior management personnel change. The bank's Company Secretary, Sanjay Abhyankar, signed the official communication on January 21, 2026.

The disclosure was made in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and includes comprehensive documentation of the resignation process.

Official Communication

In his resignation email to MD & CEO Prashant Kumar, Patankar expressed gratitude for the opportunity to serve as Chief Risk Officer. He acknowledged the leadership and guidance provided by the management and Board during his tenure with the bank.

The bank has hosted the relevant information on its website www.yes.bank.in as required under SEBI Listing Regulations. The resignation represents a standard senior management transition with proper regulatory compliance and documentation procedures followed throughout the process.

Historical Stock Returns for Yes Bank

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