Meanwhile, the board will also consider the audited financial statements of the bank for the quarter and year ended March 31, 2019, along with dividend recommendation, if any, for the financial year 2018-19, it said.
According to analysts, the new managing director at the helm should guide investors' path ahead for the YES Bank and especially on capital raising, asset quality and PCR.
“We expect loan growth of 25 per cent year on year as base quarter remains high, while net interest income (NII) to be better but fee/other income to be much lower. We are also building higher credit cost as the bank will look to enhance its PCR ratio,” Prabhudas Lilladher said in quarterly preview.
“YES Bank’s growth in Q4FY19 is likely to moderate from the higher levels seen in earlier quarters, albeit still much higher than industry; Asset quality trends to be benign. The strategy under new management will be key monitorable”, brokerage firm Edelweiss Securities said in its quarterly preview.
At 02:23 pm, YES Bank was up 3.6 per cent at Rs 269 on the BSE, as compared to 0.44 per cent rise in the S&P BSE Sensex. A combined 32 million shares changed hands on the counter on the BSE and NSE so far.