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RBI wants shorter tenure for Rana Kapoor on re-appointment?

RBI has reportedly asked Yes Bank Board to revise tenure of re-appointment of Bank’s MD & CEO Rana Kapoor to one year from three years as recommended by the Board and cleared by Bank's shareholders. His tenure is ending on September 1, 2018.

By Whispers in the Corridors 1 min read
RBI wants shorter tenure for Rana Kapoor on re-appointment?
RBI has reportedly asked Yes Bank Board to revise tenure of re-appointment of Bank’s MD & CEO Rana Kapoor to one year from three years as recommended by the Board and cleared by Bank's shareholders. His tenure is ending on September 1, 2018.
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