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After Moody's, Icra downgrades Yes Bank citing poor corporate governance; warns of further cuts on adverse developments
•Icra had placed the bank on rating watch earlier this month and had said the resignations--there were three so far--would impede the bank's ability to raise capital.
Will never sell my shares in Yes Bank even after demitting office, says CEO and MD Rana Kapoor
•The RBI recently asked Rana Kapoor to quit the post by January next year.
Yes Bank board seeks 3-month extension for Rana Kapoor from RBI; appoints search panel
•Rana Kapoor is the second chief executive at a private sector lender after Shikha Sharma of larger rival Axis Bank to face regulatory wrath in terms of extension of CEOs' tenure.
RBI says ‘No’ to Yes Bank’s Rana Kapoor: Regulator has drawn the line, but its silence on the reasons can be damaging
Dinesh Unnikrishnan123 •RBI taking strict action is good for the banking sector, but its silence on the reasons for trimming of Rana Kapoor's term could be damaging for common shareholders
RBI trims Rana Kapoor's term as Yes Bank CEO; asks pvt sector lender to look for replacement by January 2019
•Rana Kapoor was part of the founding team of Yes Bank, along with Ashok Kapur who died in 2008. As a promoter, Kapoor and his family own 10.66 percent stake in the bank.
Amitabh Chaudhry of HDFC Life appointed CEO, MD of Axis Bank; to take charge from 1 January 2019
Fp Staff •Amitabh Chaudhry's tenure is for three years from 1 January 2019 till 31 December 2021.
Yes Bank gets Reserve Bank of India's nod for Rana Kapoor's reappointment as MD and CEO
•In June this year, Yes Bank's shareholders had approved the re-appointment of Rana Kapoor as the chief executive and managing director for three years
Amitabh Chaudhry likely to replace Shikha Sharma as CEO of Axis Bank, say reports
Fp Staff •Shikha Sharma had in April announced her decision to step down from the position of MD and CEO of the bank by the end of the year
Axis Bank shortlists 3 candidates to succeed MD & CEO Shikha Sharma; her term expires in December 2018
•Earlier in April, Shikha Sharma had wanted her new term to be reduced to seven months from three-year tenure
Axis Bank’s losses and CEO Shikha Sharma’s fall from grace: The buck always stops with those at the helm
Muralidharan •Was Axis Bank boss Shikha Sharma a victim of circumstances over which she had little control? Or was she slack in controlling her employees?