.......The new directors have been appointed “in accordance with extant Reserve Bank of India (RBI) regulations and the New Companies Act 2013”, the bank said in a statement. It also announced the formation of two new committees, IT strategy and CSR (corporate social responsibility), as mandated by the new companies law. Yes Bank is one of the respondents in a case filed in the Bombay high court by Madhu Kapur, wife of late co-founder Ashok Kapur, demanding the right to nominate directors to the bank’s board..........
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