Rana Kapoor RBI

Shocking Set Back: RBI Wants Yes Bank to Find Replacement of Rana Kapoor by January 2019

"Reserve Bank of India has vide letter dated September 17, 2018 received today, intimated that Shri Rana Kapoor may continue as the MD & CEO till 31 January 2019, and the Board of Directors of the Bank are scheduled to meet on September 25, 2018 to decide on the future course of action," the bank said in a statement.