Tuesday, August 6, 2013

YES Bank: No headway in attempts to settle case out of court

......“There was no conclusion at the meeting. Though Rana Kapoor came with the intent to resolve the dispute, he did not agree to recognise our joint right to nominate a director on the bank’s Board as Indian Partners,” the person said. YES Bank spokesman did not confirm or deny the meeting. “As the matter is subjudice, we will prefer not to comment on your queries,” the spokesman said over the phone...................

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