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Book Title: Yes Man: The untold story of Rana Kapoor
Author: Pavan C Lall
Sanjay Khurana
The year was 2004 when a non-banking financial company applied for a licence to operate as a private bank. It bagged the licence and Yes Bank was born. It soon became the fourth largest private bank in the country.
Rana Kapoor was arrested last year after being booked under Prevention of Money Laundering Act.
It was founded by three partners Harkirat Singh, former head of Deutsche Bank in India; Ashok Kapur, former country head of ABN Amro Bank in India; and Rana Kapoor, former corporate banking head of ANZ Grindlays in India in collaboration with Rabo Bank of the Netherlands.