Yes Bank to seek RBI's nod to extend CEO Rana Kapoor's term

Yes Bank to seek RBI's nod to extend CEO Rana Kapoor's term

Rana Kapoor, chief executive officer of Yes Bank Ltd., speaks during the ET Global Business Summit in New Delhi, India, on Saturday, Feb. 24, 2018. Photographer: Anindito Mukherjee/Bloomberg

The board of Yes Bank on Tuesday said it would ask the Reserve Bank of India (RBI) to grant an extension of eight months to managing director (MD) and chief executive Rana Kapoor.

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