For Rana Kapoor, promoter shares in Yes Bank are like diamonds

Last Updated: Fri, Sep 28, 2018 18:09 hrs
Rana Kapoor, Yes Bank MD and CEO (Image Courtesy: yesbank)

Rana Kapoor, Yes Bank's Founder says, even after he demits office as the bank's MD and CEO, he will never allow selling his shares.

In fact, Kapoor compares shares held in Yes Bank to Diamonds.

Kapoor made those assertions in a series of tweets on Thursday. The past week has been tumultuous for stocks of Yes Bank, after the banking regulator trimmed Rana Kapoor's stay as the CEO to January 2019.

Here are tweets from Yes Bank's CEO :

On Leadership Transition:

Shares of the bank traded to 184.10 per share, down by 19.15 points or 9.42% in the trading session on Friday.

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