Rana Kapoor

Rana Kapoor
Kapoor in 2012
Born (1957-09-09) 9 September 1957 (age 67)[1]
New Delhi, India
Alma materUniversity of Delhi
Rutgers University
TitleCo-founder, Yes Bank
SpouseBindu Kapoor
Children3 daughters
Websiteranakapoor.in

Rana Kapoor (born 9 September 1957) is an Indian former banker who was the founder, managing director and CEO of Yes Bank, an Indian private sector bank.[2] Following a career in financial institutions, he co-founded Yes Bank in 2003, with its registered office in Mumbai.[3] He was appointed as the president of ASSOCHAM in July 2013,[4] and was succeeded by Sunil Katoria after serving his two year term.[5]

Kapoor was arrested on 8 March 2020 by India's Enforcement Directorate over accusations of fraud in excess of US$100 million and is currently in jail.[6] Rana Kapoor was granted bail in April 2024.[7]

  1. ^ Geoff Hiscock (2007). India's global wealth club (illustrated ed.). John Wiley and Sons. p. 255. ISBN 978-0-470-82238-8.
  2. ^ "YES Bank's Rana Kapoor felicitated as entrepreneurial banker of the decade". Business Today Magazine.
  3. ^ "Yes Bank Ltd". Wall Street Journal.
  4. ^ "Rana Kapoor takes over as Assocham President". The Hindu Businessline.
  5. ^ "Sunil Kanoria takes over as new President of ASSOCHAM". ASSOCHAM.
  6. ^ Rajput, Rashmi; Yadav, Jaikishan (9 March 2020). "ED arrests Yes Bank founder Rana Kapoor; daughter stopped at Mumbai International Airport". The Economic Times. Retrieved 26 April 2020.
  7. ^ "Yes Bank Founder Rana Kapoor Granted Bail after Four Years in Jail". Bru Times News.