.........YES Bank, however, has strongly denied these allegations, saying her statements were incorrect and defamatory. "The bank has always acted in a manner, which is in accordance with law and has upheld the principles of corporate and management governance. The subject matter in consideration at the AGM has been finalised in a transparent and legally compliant manner,".........
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1 comment:
Yes Bank Management's 'No' to Mrs Madhu Kapur's demands and long silence of the regulator, the RBI on the issue surprises the shareholders of the Bank and the people at large about the affairs of the bank. Allegations and counter-allegations are going on for months together and the publlc are entitled to know the correct position particularly with regard to her claim to be a director, her questioning the appointment of Mr Srinivasan with the clearance of RBI etc. Will RBI clarify the position for the good of the banking industry and the depositors, shareholders of the Yes Bank?
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