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Internal restructuring to ensure seamless solutions, says Yes Bank

The internal restructuring is a strategic initiative designed to ensure seamless and consistent solutions at every touchpoint

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YES Bank’s shares fell 4.18 per cent on Friday to close at Rs 17.20 on the BSE, after the bank disclosed in its January–March quarter (Q4FY25) update

Subrata Panda Mumbai
Private sector lender YES Bank said that the organisational streamlining underway now is aimed at harnessing synergies across all functions to optimise efficiencies and enhance customer experience.
 
The internal restructuring is a strategic initiative designed to ensure seamless and consistent solutions at every touchpoint, aimed at strengthening the bank’s position as a customer-centric institution, it said.
 
Recent media reports suggested YES Bank has revamped teams across retail, corporate, and commercial banking as part of its restructuring exercise, and has laid off four senior employees with immediate effect.
 
The four senior employees who were asked to step down include Akshay Sapru,