Private lender YES Bank is expected to complete the selection process to replace Rana Kapoor as managing director and chief executive officer in another two months. December 15 is a cut-off that the bank has set for itself, a source in the know said.
The Reserve Bank of India (RBI) wants adequate time to vet YES Bank’s choice of Kapoor’s successor, before the new chief can take charge on February 1, 2019. In order to comply with the timeline, the bank plans to send its preferences to RBI for approval around mid-December.
Kapoor’s tenure was cut short by
The Reserve Bank of India (RBI) wants adequate time to vet YES Bank’s choice of Kapoor’s successor, before the new chief can take charge on February 1, 2019. In order to comply with the timeline, the bank plans to send its preferences to RBI for approval around mid-December.
Kapoor’s tenure was cut short by