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Yes Bank stock in spotlight after RBI approves appointment of new MD & CEO

The Reserve Bank of India (RBI) has approved the appointment of Prashant Kumar Tonse as the new Managing Director (MD) and Chief Executive Officer (CEO) of Yes Bank. Tonse

Source: Economic Times. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.

THIS IS RELEVANT FOR BANKING EXAMS DUE TO THE APPOINTMENT OF A NEW MD & CEO FOR A MAJOR PRIVATE BANK.IT IS ALSO RELEVANT FOR UPSC AND STATE PSC EXAMS UNDER THE ECONOMY AND BANKING SECTIONS.

Revision structure

Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path

Key points

Exam-ready takeaways

RBI approves Prashant Kumar Tonse as new MD & CEO of Yes Bank.

Tonse's appointment is for a three-year term.

Shareholder approval is also required for the appointment.

This appointment is significant for Yes Bank's future growth and stability.

How to study

Turn news into exam marks

Revise monthly events by exam family instead of reading random updates.

Pair one-liners with mock tests so mistakes become the next revision list.

Note which exams each story matters for, and revise it again in the week before that exam.