Yes Bank has received approval from the Reserve Bank of India (RBI) for the re-appointment of Rama Subramaniam Gandhi as its Part-time Chairman. This allows Gandhi to serve in the role from September 20, 2025, to May 13, 2027, with remuneration as approved by RBI.
Yes Bank confirmed that Gandhi is not debarred from holding the office of a director by the Securities and Exchange Board of India (SEBI) or any other authority. He is also not related to any other directors or key managerial personnel of the bank.
Who is Rama Subramaniam Gandhi: Former Deputy Governor of RBI
Gandhi was earlier appointed as Part-time Chairman of Yes bank for a three-year term starting in September 2022. Apart from YES Bank, he serves as an independent director on the boards of multiple entities in financial markets, market infrastructure, account aggregation, information utilities, and fintech.
He was a Deputy Governor of the RBI from 2014 to 2017 and has over 37 years of experience in central banking. He also served a three-year secondment with SEBI and has led the Institute for Development and Research in Banking Technology (IDRBT), Hyderabad.
He is a financial sector policy expert and adviser who works with fintech companies, investors, and funds on financial regulations and economic matters.
Gandhi was among Early Member of Monetary Policy Committee
Gandhi has participated in several domestic and international committees, working groups, and task forces. He was among the initial members of the Monetary Policy Committee (MPC) and has served on the Basel Committee on Banking Supervision (BCBS) and the Committee on Global Financial Systems (CGFS).
Educated in India and abroad, he holds a Master’s degree in Economics from Annamalai University, Tamil Nadu. He also has postgraduate certificates in Management Information Systems from The American University, Washington DC, and in Capital Markets from the City University of New York. Additionally, he has completed courses in system programming, Gandhian thoughts, and is a Certified Associate of the Indian Institute of Banking & Finance.