RBI approves re-appointment of Rana Kapoor as Yes Bank CEO | Mint
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Business News/ Industry / Banking/  RBI approves re-appointment of Rana Kapoor as Yes Bank CEO
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RBI approves re-appointment of Rana Kapoor as Yes Bank CEO

The approval comes after RBI had earlier asked the board to re-consider the appointment of Kapoor for another 3 years

Rana Kapoor, managing director and chief executive officer of Yes Bank.Premium
Rana Kapoor, managing director and chief executive officer of Yes Bank.

New Delhi: Yes bank on Thursday said that Reserve Bank of India (RBI) has approved the re-appointment of managing director and chief executive officer Rana Kapoor till further notice. Kapoor’s tenure was supposed to end on 1 September.

“We wish to inform you that the bank has received the RBI’s approval that Rana Kapoor may continue as Managing Director and CEO of Yes bank till further notice from RBI," Yes Bank said.

The approval comes after RBI had earlier asked the board to re-consider the appointment of Kapoor for another 3 years.

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ABOUT THE AUTHOR
Gopika Gopakumar
Gopika Gopakumar has worked for over 15 years as a banking journalist across print and television media. Her expertise lies in breaking big corporate stories and producing news based TV shows. She was part of the 2013 IMF Journalism Fellowship Program where she covered the Annual & Spring meetings of the International Monetary Fund in Washington D.C. She started her career with CNBC-TV18, where she also produced a news feature show called Indianomics and an award winning show on business stories from South India called Up South. She joined Mint in 2016.
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Published: 30 Aug 2018, 10:56 PM IST
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