Reserve Bank of India has extended Prashant Kumar’s tenure as Yes Bank CEO. He will continue until a successor is found. The extension is effective from October 6, 2025. Kumar’s leadership began in March 2020. During his term, Yes Bank’s deposits and retail advances grew significantly. The bank also improved its asset quality under his guidance.
Dollar wobbles as markets cling to hopes for Middle East peace deal
Investor optimism for a deal to reopen the Strait of Hormuz is boosting markets. Hopes of peace have lowered oil prices and eased pressure on