Prashant Kumar on how he nursed Yes Bank back to health

The CEO of the lender that was near collapse opens up about the challenges of the turnaround.

Prashant Kumar looks relaxed, sitting in his eighth floor office at the Yes Bank headquarters that overlooks the runway of Mumbai’s Chhatrapati Shivaji Maharaj International Airport. The office is an aviation geek’s delight, its glass walls offering a front-row view of planes landing and taking off. 

For the first time since he took the reins in 2020, the Yes Bank chief executive is probably enjoying the view. Recently, the Reserve Bank of India approved the extension of his tenure for another three years. The central bank also removed the nominee directors it had appointed to the board of Yes Bank, …


Advait Palepu

Advait is a financial journalist and a former writer at The Morning Context. Here, he wrote on India’s banks, the wider financial services industry and the fintech ecosystem. He has previously worked with the Economic and Political Weekly, Business Standard, BloombergQuint and MediaNama, where he covered everything from the Reserve Bank of India to fintech policy.




Furquan Moharkan

Furquan leads the banking coverage at The Morning Context. A business journalist with eight years of experience and a best-selling author, in his earlier stints as a reporter with the Deccan Herald and a columnist at The Banker, he wrote on banking, financial markets and regulatory affairs. He has extensively covered India's debt market crisis, banking crisis and the fall of Yes Bank.

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