The Reserve Bank of India has approved the reappointment of Rama Subramaniam Gandhi as part-time non-executive chairman of Yes Bank. According to the approval, Gandhi will serve from September 20, 2025, until May 13, 2027. The decision reflects the central bank’s confidence in his leadership and extensive experience in India’s financial system.

Gandhi brings with him over 37 years of expertise in central banking. He served as Deputy Governor of the RBI from 2014 to 2017, overseeing critical functions such as currency management, financial stability, and payment systems. His tenure also saw him deeply involved in the regulation of non-banking financial companies, cooperative banks, and credit information systems.

Beyond his service at the RBI, Gandhi has held other notable positions, including a three-year term at the Securities and Exchange Board of India, where he contributed to strengthening market regulations. He also served as Director of the Institute for Development and Research in Banking Technology, where he was instrumental in advancing innovations in payment infrastructure and banking technology.

Yes Bank, which has undergone a major turnaround in recent years, is expected to benefit from Gandhi’s reappointment as it continues to reinforce its governance framework and expand its retail and corporate banking businesses. His experience in steering policy and regulatory frameworks is likely to provide valuable guidance to the bank’s board and management team.

Industry observers believe Gandhi’s presence will reassure investors and regulators alike, bringing stability and strategic direction at a crucial time for the bank. The move also highlights the RBI’s focus on ensuring that private sector lenders are guided by leaders with proven integrity and strong regulatory acumen.