Business

Yes Bank said on Wednesday it has finalised potential candidates for position of chief executive officer to replace incumbent Rana Kapoor, but did not disclose names.The private sector bank will now seek approval from Reserve Bank of India (RBI) for CEO appointment, and will make relevant disclosures after RBI's approval, lender said in a statement.Yes Bank's governance was thrown into question in September when RBI asked Mr Kapoor to step down by end of January, sending its stock plunging and causing several resignations from its board.The central bank had asked lender to find a new CEO by February 1.





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