Will never sell my shares in YES Bank, says CEO and MD Rana Kapoor

The bank's current market value stands at Rs 484.6 bn, while that of Kapoor and his family is pegged at Rs 45.2 bn

Rana Kapoor, managing director (MD) and chief executive officer (CEO) at Yes Bank, reiterated his commitment to the bank and its stakeholders on Friday. In a series of tweets, Kapoor said his YES Bank shares were invaluable. He said he would never sell his shares, even after he demits office as the private lender’s MD and CEO. 

“I will bequeath my YES Bank promoter shares to my three daughters and subsequently to their children, with a request in my will stating not to sell a single share, as diamonds are forever,” he said.

Earlier this month, the Reserve Bank of India (RBI)