RBI refuses more time to Yes Bank CEO Rana Kapoor
The Reserve Bank of India (RBI) has reaffirmed that Yes Bank should appoint a successor to Managing Director and CEO Rana Kapoor by February 1. The bank's 'Search and Selection Committee' is aiming to complete the recruitment process latest by mid-December 2018. Kapoor co-founded Yes Bank in 2004 and has helmed the private sector lender since then.