RBI gives Yes Bank's Rana Kapoor only 4 more months as CEO
The RBI has asked Yes Bank's billionaire Managing Director and CEO Rana Kapoor to step down after a term extension up to January 31, 2019. Kapoor, whose current term ended on August 31, was given a 3-year extension in June, subject to RBI's approval. Earlier this year, RBI denied a 3-year extension to Axis Bank MD and CEO Shikha Sharma.