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ED raids Yes Bank’s Ex CEO Rana Kapoor’s Worli residence in Mumbai

Shortpedia

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The Enforcement Directorate raided the residence of Yes Bank’s former managing director and chief executive officer Rana Kapoor at his Worli residence. Former State Bank of India CFO Prashant Kumar was also appointed to pull the bank out of a crisis. Kapoor was a prime suspect in connection with the DHFL money laundering case. A 'look out' notice has also been issued against Kapoor, to prevent him from leaving the country.