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Rana Kapoor`s Responsible Leadership at the Crossroads? |
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INTRODUCTION |
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| On September 21, 2018, Indian private sector lender Yes Bank Limited (Yes Bank) lost as much as US$3.1 billion in market value after the Reserve Bank of India (RBI) rejected the reappointment of its MD and CEO Rana Kapoor (Kapoor) as CEO. Earlier, the Bank’s Board of Directors had approved Kapoor’s re-appointment for three years, subject to final approval from the RBI. But the RBI permitted Kapoor to continue in his position only till January 31, 2019, and asked the Board to decide on the future course of action..
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