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Yes Bank loses $3.1 billion in market value after RBI curtails CEO’s term

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Private sector lender Yes Bank Ltd’s shares tumbled nearly a third on Friday, wiping as much as $3.1 billion off its market value, after the Reserve Bank of India (RBI) reduced charismatic CEO Rana Kapoor’s term, creating uncertainty about its outlook.

http://feeds.feedburner.com/~ff/reuters/INtopNews?d=yIl2AUoC8zA from Reuters: Top News https://in.reuters.com/article/yes-bank-ceo-stocks/yes-bank-loses-3-1-billion-in-market-value-after-rbi-curtails-ceos-term-idINKCN1M10BY?feedType=RSS&feedName=topNews
via reuters.com content & copyrights by Reuters

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