This book examines how Rana Kapoor led Yes Bank to its downfall (and was arrested)
An excerpt from ‘The Banker Who Crushed His Diamonds: The Yes Bank Story’, by Furquan Moharkan. Feb 03, 2021 · 08:30 am Yes Bank founder Rana Kapoor arrives at the Enforcement Directorate office after leaving Sessions Court for alleged money laundering charges in Mumbai | Francis Mascarenhas / Reuters
Much before the fall of YES Bank, an asset manager who had been close to the NDA government, once told me, “Rana pakka andar jaayega. Aap dekhte jaaiye, sir (Rana Kapoor will be arrested for sure. You just wait and watch).” One of Rana Kapoor’s industrialist friends, who I interviewed during the course of the book, said that Rana knew he was going to be arrested by the ED right in January end.