Yes Bank: Pental's term rejected, MD & CEO future uncertain; SMBC's role key

• Yes Bank's NRC rejected extending Retail Business Executive Director Rajan Pental's tenure.
• Pental is expected to leave Yes Bank in February 2026, with the decision linked to concerns over retail business growth.
• Uncertainty persists regarding the new MD & CEO, as the NRC has not yet recommended current chief Prashant Kumar to RBI.
• Majority shareholder Sumitomo Mitsui Banking Corporation (SMBC) will play a crucial role in Yes Bank's final management decisions.
• Yes Bank shares closed up 1.10% on Thursday, showing a 1.76% increase over the past year.

Why It Matters: Yes Bank's leadership uncertainty and retail business concerns may affect its stock.