When Rana Kapoor arrived for Enforcement Directorate (ED) questioning on the company’s Ballard Estate workplace in Mumbai on Saturday, bespectacled and casually attired, he appeared a far cry from the hard-driving executive that made YES Bank certainly one of India’s largest banking gamers because it started operations in 2003. Kapoor had labored with Rabo India Finance on the time, and was slated to solely be a co-promoter director; not head the financial institution.

The financial institution had appointed Korn Ferry, an executive search agency, to discover its first chief. Discussions inside the promoter group lastly resulted in …



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