Yes Bank board okays prosecution of Rana Kapoor

According to the CBI’s first chargesheet, in June 2018, Kapoor, the then head of Yes Bank’s management credit committee, sanctioned a loan of `750 crore on an application by the promoters of DHFL in the name of Belief Realtors Pvt Ltd to develop the Bandra Reclamation Project.

from Banking/Finance-Industry-Economic Times https://ift.tt/3jydr9i