2nd resignation in Yes Bank

Prelims level : Mains level :
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CONTEXT:

  • Yes Bank’s independent director Mukesh Sabharwal has stepped down from the lender’s board of directors to devote his time to academic pursuits.
  • Sabharwal has worked with the private lender for over seven years.
  • The resignation comes a day after non-executive director Ajai Kumar quit the lender’s board due to personal reasons.
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