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Economy

Yes Bank: Onus is on RBI to clear the air on why it cut short Rana Kapoor’s tenure

Updated : September 25, 2018 06:30 AM IST

The decision of Reserve Bank of India to cut short the tenure of Rana Kapoor, MD and CEO, to January 31, 2019 is curious.
Was there a special audit or investigation conducted by RBI which highlighted some of the concerns that are whirring around Yes Bank?
In these turbulent times, it's imperative that market regulators are more transparent and forthcoming with respect to their regulatory actions.
Yes Bank: Onus is on RBI to clear the air on why it cut short Rana Kapoor’s tenure
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