Yes Bank board member Mukesh Sabharwal resigns over Rana Kapoor's re-appointment bid, says report

By Editor News


Mukesh Sabharwal, the chairman of the nomination and remuneration committee at Yes Bank, has put down his papers just two days after founder Rana Kapoor demanded a seat on the board and compensation for the payment lost, The Economic Times reported.

Former interim CEO Ajai Kumar had quit on Monday, on personal grounds.

The bank currently has a total of 11 directors, including chairman Brahm Dutt.

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