RBI asks Yes Bank MD and CEO Rana Kapoor to step down in January 2019
Updated : September 20, 2018 10:29 AM IST
Citing governance and regulatory issues, RBI has directed Yes Bank to search for a successor in the interim.
On August 30, RBI said Kapoor can continue as MD and CEO until further notice.
Kapoor was among the founding team of Yes Bank, along with Ashok Kapur who died in 2008.