Mumbai, June 06, 2017: The General body of the shareholders of YES BANK, India’s 4th largest Private sector bank, has approved all the 8 resolutions with an overwhelming majority, in the 13th Annual General Meeting (AGM) held on June 06, 2017. The outcome reflects a summation of votes cast electronically at the AGM venue on June 06, 2017 and through remote E-voting held from June 02 to June 05, 2017.
The shareholders approved the following:
Speaking on the occasion, Mr. Ashok Chawla, Non-Executive Chairperson, YES BANK said, “We are extremely satisfied with the trust and faith shown by the institutional and retail shareholders in the Board of Directors, management’s business and financial performance, growth plans and decisions to maintain the highest professional standards. YES BANK is fully geared to capitalize on the renewed economic momentum and achieve its vision of emerging as India’s Finest BIG BANK by 2020.”
The 13th AGM of YES BANK held on Tuesday, June 06, 2017 was attended by 7 of the 8 Board of Directors participating, (except Mr. Saurabh Srivastava due to family reasons) including:
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