Former MP Subramanian Swamy and a member of ruling party BJP said in a TV interview to Neelu Vyas of AAA media that Prime Minister Narendra Modi does not know
Based on information supplied by the finance minister, we estimate that the total non-performing assets between 2014-15- 2021-22 years amount to Rs 66.5 lakh crore. Of this, the written-off quantum appears to be Rs 14.5 lakh crore.
Yes Bank’s Rana Kapoor: How intelligence, impatience and greed made for corporate tyranny
No society deserves a bank that runs out of money. No bank deserves a boss who runs amok with shenanigans. Journalist Pavan Lall in his book Yes Man: The Untold Story of Rana Kapoor has pieced together the account of how Rana Kapoor brought down one of the biggest private lenders in India. Lall recounts what he learnt about the man.
Yes Bank founder Rana Kapoor (Image: Reuters)
How chief executive officer (CEO) Rana Kapoor torpedoed Yes Bank was never foremost on the list of ideas I had shortlisted for a book. In fact, when troubles with the private lender s asset quality review started a few years ago, the inside joke was that Kapoor and Yes Bank s misadventures would likely end up as fodder for not one but many books because of the dozens of skeletons in its closet.