The private sector lender, which will declare its March quarter and full year earnings on April 26, is expected to report fall in profit.
Yes Bank shares rallied 4 percent intraday on April 25 after a media report indicated that there could be some rejig at top management level. The bank is also scheduled to announce results on April 26.
The stock was quoting at Rs 249.00, up Rs 9.85, or 4.12 percent on the BSE, at 1116 hours IST.
Yes Bank CEO Ravneet Gill is planning to replace 14 top executives, including some of former CEO Rana Kapoor's aides, the Mint said quoting sources.
"RBI advised the board and Gill to review the decisions taken by Rana Kapoor both in terms of business and key management-level hires," a source told the paper.
The move is an attempt to improve corporate governance, risk management and credit disbursal policies at the bank.
In the list of executives who might be replaced are Rajat Monga, Group President; Rajiv Anand, Group President and National Head of Corporate Finance; Raj Ahuja, Group CFO; Kumar Padmanabhan, COO; and Ashish Agarwal, Chief Risk Officer.
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