Former YES Bank MD, Rana Kapoor is penalised by SEBI in the AT1 bond case with a fine of Rs 2 crore
Rana Kapoor, the former managing director of Yes Bank, has been fined Rs 2 crore by the Securities and Exchange Board of India (SEBI) for allegedly misselling the Additional Tier 1 Bonds (AT1 bonds) to retail investors. The capital market regulator claims that Kapoor, who served as the bank’s managing director from 2004 to 2019, […]