Shares of private sector lender, YES Bank Ltd, rose as much as 3.8 per cent to Rs 213.9 as the bank had on Friday gave details of its search and selection committee to find a new chief executive after the central bank trimmed incumbent Rana Kapoor's term.

It has also invited proposals from global leadership advisory firms for the same. YES Bank will meet on October 11.

According to a media report, promoters Rana Kapoor and Madhu Kapur are seeking an out-of-court settlement, citing three people close to the development. YES Bank did not immediately respond to a Reuters' request for comment.

comment COMMENT NOW