Yes Bank promoter families look to settle differences: Sources
Yes Bank promoter families look to settle differences: Sources
Two warring promoter families of Yes Bank are believed to be in talks to settle their differences and a meeting of representatives from both sides is likely on Wednesday, sources said.
The tussle is between the families of Yes Bank founders -- Rana Kapoor and Ashok Kapur. After the death of Kapur, his wife Madhu Kapur wanted her daughter Shagun Kapur Gogia to be nominated on the bank's board but the proposal was rejected, following which the matter reached the Bombay High Court.
Shagun Kapur Gogia and Yes Bank Senior Group President Rajat Monga -- on behalf of Rana Kapoor -- may have a meeting Wednesday, sources told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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