Further on Rana Kapoor

The Appointments Division of the RBI had approved the Yes Bank’s founder CEO Rana Kapoor's extension of appointment for another three years until August 2021, but it was rejected by the RBI top brass. Interestingly, even though the officers of the said Appointment Division had a number of adverse observations against Yes Bank and its management under Rana Kapoor, they yet for strange reasons chose to recommend his continuation as its CEO for another three years. Why? Mr. Akhilesh Bhargava, Business Editor of HW Business and Finance shares his insights on the matter.