Yes Bank alert! Shutdown of securities trading for 16 days for these investors! Rana Kapoor led bank submits names for new chief
Yes Bank has been struggling for the last three months to find a new MD and CEO after RBI shockingly decided to end the tenure of the current chief Rana Kapoor. RBI has asked Yes Bank to say goodbye to Kapoor by end of January 31, and a new CEO to take charge from February 01, 2019. Interestingly, not just one, but some more developments were announced by Yes Bank.
Yes Bank on Thursday submitted the names of the potential candidates for its Managing Director and Chief Executive post to the Reserve Bank of India (RBI). PTI