Yes Bank gains despite Pental exit, CEO term uncertainty

• Yes Bank shares saw modest gains despite top management uncertainty, closing up 1.10% on Thursday and 12% in 2025.
• Rajan Pental, Global Head of Retail Banking, will not have his tenure extended and is expected to exit in February 2026.
• The bank's retail segment has reported significant losses in recent fiscal years and quarters, despite efforts to streamline operations.
• Uncertainty surrounds CEO Prashant Kumar's future, as his term's renewal has not been recommended by the NRC.
• Sumitomo Mitsui Banking Corporation, the largest shareholder, is expected to play a decisive role in leadership changes.

Why It Matters: Yes Bank's leadership uncertainty and retail struggles pose risks to its future.