Yes Bank's MD Rana Kapoor in talks with Madhu Kapur for truce
The confirmation on the speculation comes three months ahead of the January 31, 2019 deadline by which Kapoor is supposed to leave office as per an order of RBI curtailing his tenure. "...Efforts are underway for mutual resolution with Madhu Kapur and family, the Co-promoter of the Bank. This is intended to ensure better support and coordination by the two promoter groups with the Board of Directors of the Bank," the bank said in a late evening statement.
Kapoor and Kapur have an acrimonious past and have also battled in the Bombay High Court. Image source: Official website