Yes ManThe Untold Story of Rana Kapoor
Pavan C. Lall - 2020-12-22
This book delves into the rapid rise and sudden fall of India's fourth-largest private bank, Yes Bank. Author Pavan C. Lall tells the story of the bank's founder, Rana Kapoor, who went from a junior employee at Bank of America to leading a bank worth billions. But as skeletons began to emerge from Yes Bank's closet, allegations of bribery, corruption, and reckless lending began to circulate. Ultimately, the bank ran out of money in March 2020, and customers were unable to access their own savings. Lall asks tough questions about the banking system, its regulators, and the business environment that led to this point of no return.