Business The Yes Bank firestorm: A summary of how things went bad for the lender Updated : September 21, 2018 02:22 PM IST A senior official from the bank, who did not wish to be named, told CNBC-TV18 that the removal of Rana Kapoor was due to “compliance, governance and regulatory” reasons. It is widely believed that the regulator has been concerned about the wide ‘divergence’ in the quantum of bad loans reported by the bank versus what the RBI assessed. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.