Yes Bank on Tuesday informed the exchanges that the Reserve Bank of India (RBI) has approved the re-appointment of Mr. Rama Subramaniam Gandhi as the part-time chairman of the bank. The fresh term will be effective from September 20, 2025 and will run until May 13, 2027. The appointment will be on remuneration approved by the central bank.

The bank said the re-appointment was made under Regulation 10B(1A)(i) of the Banking Regulation Act, 1949, following its application to RBI. It also confirmed that Gandhi is not debarred from holding office of director by any regulatory authority, and that he is not related to any directors or key managerial personnel of the lender.

Gandhi, who has been associated with the financial sector for nearly four decades, is currently a financial sector policy expert and adviser. He provides guidance to fintechs, investors and funds on matters ranging from financial regulations to the Indian economy. Apart from Yes Bank, he serves as an independent director on the boards of several entities in financial markets, market infrastructure, account aggregation, and fintech.

A career central banker, Gandhi served as Deputy Governor of the Reserve Bank of India from 2014 to 2017, during which time he was one of the initial members of the Monetary Policy Committee (MPC). He has also been part of international groups such as the Basel Committee on Banking Supervision (BCBS) and the Committee on Global Financial Systems (CGFS). Earlier, he had a three-year secondment to the Securities and Exchange Board of India (SEBI) and served as Director of the Institute for Development and Research in Banking Technology (IDRBT), Hyderabad.

Gandhi holds a Master’s degree in Economics from Annamalai University and has pursued postgraduate certifications in management information systems, capital markets, system programming, and Gandhian thoughts from institutions in India, the United States and Australia. He is also a Certified Associate of the Indian Institute of Banking & Finance (IIBF).

The disclosure was made in line with SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations.