• SENSEX
    NIFTY 50
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.
The Yes Bank firestorm: A summary of how things went bad for the lender
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV