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Press Release

Media Statement , 10th June

June 10, 2013



“YES BANK’s Chairman Mr. M R Srinivasan and MD & CEO Mr. Rana Kapoor, had by YES BANK's letter dated 6th June, 2013 addressed to Mrs. Madhu Kapur (prior to the AGM on 8th June, 2013, and before any litigation being filed in the Honourable Bombay High Court by Mrs. Madhu Kapur) had offered to discuss the name of Mrs. Madhu Kapur’s nominee at its scheduled Board Meeting to be held on 24th July, 2013.

The Honourable Bombay High Court by its Order dated 10th June, 2013 has in response conveyed that the scheduled Board meeting should be conducted by 27th June, 2013. This is in line with YES BANK’s proposal as per its letter dated June 6, 2013."


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