Why ravneet gill puts blame on rana kapoor for yes bank collapse?
Why ravneet gill puts blame on rana kapoor for yes bank collapse?
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Maddy
Yes Bank’s former managing director and chief executive officer Ravneet Gill, in his statement to the Enforcement Directorate (ED), has accused his predecessor and the bank’s co-founder Rana Kapoor of flouting rules to extend loans to realty companies owned by Dewan Housing Finance Limited (DHFL). The wrongdoings led to a steep rise in bad loans and the eventual collapse of the bank.