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Why was Rana Kapoor shielded all along?

As more and more information comes out in the open, it is clear that under the Rana Kapoor leadership, there have been persistent governance and compliance failures and serious violations of statutory and regulatory rules at Yes Bank. It is reported that before the Reserve Bank decided to truncate the appointment of Rana Kapoor, as the MD/CEO of the bank, eight letters were exchanged between the RBI and Yes Bank, in respect of serious violations of statutory and regulatory guidelines between 2014 to 2018 and persistent governance and compliance failures. The question is why was Rana Kapoor shielded all along? Mr. Akhilesh Bhargava, Business Editor of HW Business and Finance shares his insights on the matter.

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