YES Bank up 5% on reports Deutsche Bank's Ravneet Gill in race for top post

The stock was up 5 per cent to Rs 205 on Tuesday, extending its Monday's 6 per cent rally on the BSE.

Shares of YES Bank were up 5 per cent at Rs 205 apiece on Tuesday, extending its Monday’s 6 per cent rally, amid reports that Deutsche Bank’s India Chief Executive Officer (CEO) Ravneet Singh Gill is in race for the top job at India’s fourth largest private sector bank.

“Ravneet Gill and YES Bank Chief Financial Officer (CFO) Rajat Monga were recommended by the board of the bank for the position to the Reserve Bank of India (RBI) last week,” The Economic Times reported citing sources.

The RBI has asked the private sector lender to find the replacement of MD