RBI Approves Vinay Tonse as New MD & CEO of YES Bank

RBI Approves Vinay Tonse as New MD & CEO of YES Bank

Daily Current Affairs   /   RBI Approves Vinay Tonse as New MD & CEO of YES Bank

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Category : Appointment/Resignation Published on: February 05 2026

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The Reserve Bank of India has approved the appointment of Vinay Muralidhar Tonse as Managing Director and CEO of YES Bank for a three-year term, subject to shareholder approval. Tonse, currently an SBI Managing Director, will succeed Prashant Kumar, who led the bank’s post-2020 recovery phase. The move signals a leadership transition aimed at ensuring stability and long-term growth at the private lender.

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