Yes Bank, which is grappling with bad loan issues, has come under the scanner of the Reserve Bank for weak corporate governance.Rana Kapoor is one of the founders and promoters of Yes Bank, which started operations in 2004
R. Gandhi’s appointment comes against the backdrop of Yes Bank reporting a loss of ₹1,507 cr for Mar quarter.RBI’s decision to appoint Gandhi to the board of Yes Bank is seen as a precautionary measure
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