Rana Kapoor denies return to Yes Bank board - News Summed Up

Rana Kapoor denies return to Yes Bank board


Mumbai: Yes Bank founder Rana Kapoor on Thursday tweeted that he was not looking to make a comeback to the bank's board after stepping down in January this year. “Some media reports have suggested that I am attempting a comeback to the Board, inspite of my unequivocal denial to them. This clarification comes after media reports suggested that he was attempting to make a comeback to the bank's board and was also seeking compensation. Kapoor added that “the bank was an embodiment of Indian professional entrepreneurship and ongoing ‘Hanumanian’ efforts will overcome this transitional phase." Over the last few days, Yes Bank saw the exits of two high-profile board members — Ajai Kumar and Mukesh Sabharwal — seen to be close to Kapoor.


Source: Mint June 13, 2019 08:37 UTC



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