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Yes Bank Loses $3.1 Billion In Market Value After RBI Trims CEO Rana Kapoor's Term
Rana Kapoor, 61, owns over 10% stake in Yes Bank Private banks' chiefs are allowed to continue till age 70 In August, Yes bank had given 3-year extension to Mr Kapoor
21 Sep 2018, 06:48 PM IST 
Yes Bank share price: Moody's maintained the outlook on Yes Bank shares as stable.
Yes Bank Ltd's shares tumbled nearly a third on Friday, wiping as much as $3.1 billion off its market value. The shares of the private sector bank settled at Rs 257.05 on the BSE, down 28.71 per cent on Friday. Shares of Yes Bank plunged as much as 34 per cent in intraday trade today. The sharp losses in Yes Bank shares came after the Reserve Bank of India (RBI) asked the private sector bank's managing director and CEO Rana Kapoor to...
