Tushar was associated with companies like ANZ, HSBC, ABN AMRO, IDFC First Bank, Bajaj Finance and Mashreq Bank. He comes to us from L&T Financial Services where he was the group chief risk officer managing retail, microfinance, corporate, infrastructure, real estate, and mutual fund with a geography spread of 1800 locations.
In his new role as CRO for the bank, Tushar will be responsible for Market & Enterprise Risk, Credit Policy, Operational risk management (ORM), Legal Risk Management, Information Security, RICU & AML, and all other Pillar II risks of the Bank.
Yes Bank is a full-service commercial bank providing a complete range of products, services and technology driven digital offerings, catering to retail, MSME as well as corporate clients.
The private lender's standalone net profit jumped 47.37% to Rs 225.21 crore on 24.76% increase in total income to Rs 7,920.68 crore in Q2 FY24 over Q2 FY23.
Shares of the yes bank declined 3.41% to Rs 20.11 on the BSE.
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