YES Bank re-appoints Rama Subramaniam as its chairman

YES Bank re-appoints Rama Subramaniam as its chairman - DETAILS ABOUT HIM

In the world of finance, there's always something new to discuss. Today, we delve into two significant developments that are making waves in the Indian market.

Firstly, the Goods and Services Tax (GST) rate cut has sent ripples through the business world, with several analysts releasing lists of the best stocks to buy. Among those listed are Hero MotoCorp, Trent, Maruti, and HDFC Life. Maruti Suzuki's RC Bhargava has even discussed the potential impact of the GST reforms on the auto sector in an exclusive video.

Meanwhile, in the banking sector, there's been some movement at YES Bank. Rama Subramaniam Gandhi has been reappointed as the chairman of the financial institution, a decision announced on September 4, 2025. However, the reasons for this reappointment and the approval process from the Reserve Bank of India (RBI) are yet to be disclosed.

The reappointment of Rama Subramaniam Gandhi as YES Bank chairman is still under review by the RBI. ET Now, a leading news channel, has been providing updates on this development as well as all the big and small share market news.

In other news, a stock has seen a remarkable return of 2442% in the last five years. The stock's first-ever STOCK SPLIT and DIVIDEND have been declared, with a record date set for September.

In the realm of insurance, a new scheme called Bima Vistaar Yojana has been introduced, aiming to offer five benefits to rural India.

However, there are also troubling signs. Google has been fined USD 381 million in France for unspecified reasons, and Anil Ambani is facing fresh trouble as a bank has declared RCom loan accounts as fraud.

As for the stock market today, it's expected to open on a positive note. Nifty signals suggest as much, although details about Dow futures, Asian Markets, and Nifty prediction are not available at this time.

In conclusion, the Indian market is abuzz with the latest developments, from the GST rate cut's impact on stocks to the reappointment of Rama Subramaniam Gandhi at YES Bank. Stay tuned to ET Now for all the latest updates.