The CBI claims Yes Bank lost more than Rs 2,700 crore after Rana Kapoor invested heavily in Anil Ambani-led companies. The charge sheet accuses both of criminal conspiracy, cheating, and corruption.
Yesterday, 20th April, A recent court decision dealt a blow to the CBI’s case against Yes Bank’s former CEO Rana Kapoor, exposing weaknesses in evidence. The Mumbai special court granted bail to Kapoor, criticizing CBI’s allegations and emphasizing the need for a timely trial. The judge also highlighted concerns about selective targeting and the need for completion of investigations before trial.
