IMPORTANT UPDATE: Rana Kapoor is no longer the CEO of Yes Bank. He served as Managing Director & CEO from 2004 until January 2019, when the Reserve Bank of India declined to extend his tenure. The current MD & CEO is Prashant Kumar, who has led the bank since March 2020. Kapoor was arrested in March 2020 on fraud and money laundering charges and spent four years in custody before being granted bail in April 2024.
Rana Kapoor is an Indian former banker who co-founded Yes Bank, one of India’s largest private sector banks, in 2004 alongside the late Ashok Kapur. As the founding Managing Director and CEO, Kapoor grew Yes Bank from a startup into the country’s fifth-largest private bank with total assets exceeding $40 billion at its peak. However, his tenure ended in controversy when the RBI refused to renew his appointment in September 2018, and he was subsequently arrested by the Enforcement Directorate (ED) in March 2020 on charges of fraud and money laundering involving over ₹4,300 crore in alleged kickbacks. After spending four years in jail, Kapoor was granted bail in all eight cases against him in April 2024.
Read on to discover former Yes Bank CEO Rana Kapoor’s net worth, salary history, legal cases, career timeline, family, and more.
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Yes Bank Competitors
Yes Bank operates in India’s highly competitive private sector banking industry. Headquartered in Mumbai, the bank competes across retail, MSME, and corporate banking segments. The key competitors of Yes Bank include:
- HDFC Bank – India’s largest private sector bank by market capitalization
- ICICI Bank – second-largest private sector bank in India
- Axis Bank – third-largest private sector bank
- Kotak Mahindra Bank – fast-growing private sector lender
- IndusInd Bank – mid-cap private sector bank
- IDFC First Bank – emerging universal bank
- RBL Bank – competes in similar mid-tier segment
- State Bank of India (SBI) – India’s largest public sector bank and former Yes Bank rescue shareholder
Rana Kapoor – Quick Facts
Rana Kapoor Net Worth 2026 – Yes Bank CEO Salary
At the peak of his career in January 2017, Rana Kapoor’s net worth was estimated at approximately $1 billion USD, driven by rising Yes Bank share prices. He held an 11% stake in the bank at the time, earning him the title of India’s newest banking billionaire from Bloomberg.
However, his fortune declined sharply. By July 2019, with a 78% drop in the Yes Bank share price, his net worth had fallen to approximately $377 million. Following his arrest in March 2020 and the ED’s attachment of assets worth ₹2,203 crore belonging to Kapoor and his family, his current net worth is estimated to be significantly lower. The Enforcement Directorate has attached multiple properties in Delhi and Mumbai owned by Kapoor and his family members.
Rana Kapoor Compensation History (as Yes Bank CEO)
Key Context: At his peak, Rana Kapoor’s ~11% stake in Yes Bank was valued at over ₹8,500 crore. Following the bank’s near-collapse in March 2020, the share price fell from over ₹400 to under ₹5, wiping out nearly all of his paper wealth. The ED has since attached properties and assets worth ₹2,203 crore belonging to Kapoor and his family.
Yes Bank Net Worth 2026 – Company Financials
Under current CEO Prashant Kumar, Yes Bank has staged a remarkable turnaround since the government-led rescue in March 2020. The bank returned to profitability and in September 2025, Japan’s Sumitomo Mitsui Banking Corporation (SMBC) acquired a 13.18% stake from SBI for ₹8,889 crore, signaling renewed investor confidence.
Yes Bank Financial Summary (FY2025)
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Contact – Yes Bank Corporate & Customer Service
Since Rana Kapoor is no longer affiliated with Yes Bank, his corporate contact details are no longer active. For the current Yes Bank management, refer to the corporate contacts below:
Career & Education – Company, University, & College
Rana Kapoor’s banking career spanned over three decades before his fall from grace. He rose through the ranks at some of the world’s largest financial institutions before co-founding Yes Bank. Below is his complete career timeline:
Rana Kapoor Career Timeline
Rana Kapoor began his banking career at Bank of America in 1980 as a Management Trainee after completing his MBA from Rutgers University. Over 15 years, he rose through multiple divisions to eventually head the bank’s Wholesale Banking businesses in India.
In 1996, he joined ANZ Grindlays’ Investment Bank as General Manager and Country Head, a position he held for two years. He then co-founded Rabo India Finance (RIF) in 1998 as a joint venture with the Netherlands-based Rabobank (AAA-rated), serving as CEO and Managing Partner. He built RIF into a respected corporate finance and investment banking organization.
In 2003, Kapoor sold his stake in Rabo India Finance and, along with his brother-in-law Ashok Kapur and colleague Harkirat Singh, obtained a banking license from the Reserve Bank of India to launch Yes Bank in 2004. The bank opened its first branch in August 2004 and was listed on the stock exchanges after its IPO in June 2005.
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Education
Rana Kapoor Wiki – Age, Family, & More
Rana Kapoor (age 68) was born on September 9, 1957, and grew up in New Delhi, India. He is married to Bindu Kapoor, and the couple have three daughters: Radha Kapoor Khanna, Rakhee Kapoor Tandon, and Roshini Kapoor.
His late brother-in-law Ashok Kapur was the co-founder and non-executive Chairman of Yes Bank. Kapur was tragically killed during the 26/11 Mumbai terrorist attacks at the Trident Hotel in November 2008.
Legal Issues & Fraud Cases
In September 2018, the Reserve Bank of India declined to renew Kapoor’s appointment as MD & CEO, ordering him to step down by January 31, 2019. On March 8, 2020, the Enforcement Directorate (ED) arrested Kapoor under the Prevention of Money Laundering Act (PMLA).
The key allegations include:
- Receiving ₹600 crore in kickbacks from DHFL (Dewan Housing Finance Limited) promoter Kapil Wadhawan in exchange for Yes Bank investing ₹3,700 crore in DHFL debentures
- Operating 78 shell companies allegedly used to launder proceeds of crime
- An alleged quid pro quo arrangement with industrialist Anil Ambani resulting in losses of ₹2,796.77 crore to Yes Bank
- Total alleged benefits of approximately ₹4,300 crore (~$510 million) received through family-controlled entities
The ED and CBI have registered a total of eight cases against Kapoor. He spent over four years in custody at Taloja Central Prison. In April 2024, he was granted bail in the last pending case and walked free. As of December 2025, the ED continues to question Kapoor in connection with the Reliance Anil Ambani Group money laundering investigation, and the CBI has obtained fresh prosecution sanctions against him.
Awards & Recognition (Pre-Arrest)
- President’s Medal – Rutgers University
- Honorary Fellowship – All India Management Association (AIMA)
- Honorary PhD – GB Pant University of Agriculture & Technology
- EY Entrepreneur of the Year – Start-up category (2005)
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About Yes Bank
Yes Bank is an Indian private sector bank headquartered in Mumbai, Maharashtra. Founded in 2004 by Rana Kapoor and Ashok Kapur, the bank received its license from the Reserve Bank of India in May 2004 and opened its first branch in August of that year. It was listed on the NSE and BSE after its IPO in June 2005.
Yes Bank grew rapidly under Kapoor’s leadership, becoming one of India’s top five private sector banks. However, by 2019–2020, the bank faced a severe crisis due to rising non-performing assets, governance failures, and the fraud allegations against Kapoor. In March 2020, the RBI placed the bank under a moratorium and orchestrated a rescue plan led by the State Bank of India (SBI), which infused ₹7,250 crore to stabilize the institution.
Since the restructuring, Yes Bank has been led by Prashant Kumar (a former SBI Deputy Managing Director) as MD & CEO. The bank has steadily recovered, posting net profits of ₹3,174 crore in FY2025. In September 2025, Japan’s Sumitomo Mitsui Banking Corporation (SMBC) acquired a 13.18% stake from SBI for ₹8,889 crore, marking a major milestone in the bank’s recovery.
Today, Yes Bank operates over 1,192 branches and 1,301 ATMs across 700+ cities in India, serving retail, MSME, and corporate banking customers. It trades on the NSE under the ticker YESBANK.
Frequently Asked Questions (FAQ)
Who is the current CEO of Yes Bank?
The current MD & CEO of Yes Bank is Prashant Kumar, who has held the position since March 2020. He was previously the Chief Financial Officer and Deputy Managing Director at the State Bank of India. Rana Kapoor, the founding CEO, was removed in January 2019.
What is Rana Kapoor’s net worth in 2026?
Rana Kapoor’s net worth peaked at approximately $1 billion in 2017 when Yes Bank shares were trading near their highs. Following the bank’s crisis, his arrest, and the ED’s attachment of assets worth ₹2,203 crore, his current net worth is estimated to be a fraction of his peak wealth. Exact figures are difficult to determine given the ongoing legal proceedings.
Why was Rana Kapoor arrested?
Rana Kapoor was arrested on March 8, 2020 by the Enforcement Directorate on charges of fraud and money laundering. The primary allegation is that he received ₹600 crore in kickbacks from DHFL promoter Kapil Wadhawan in exchange for Yes Bank investing ₹3,700 crore in DHFL debentures. A total of eight cases have been registered by the ED and CBI.
Is Rana Kapoor still in jail?
No. Rana Kapoor was granted bail in April 2024 after spending over four years in Taloja Central Prison. He was released from jail on April 20, 2024, after securing bail in all pending cases. However, his trials are ongoing and the ED continues to question him in related investigations.
What happened to Yes Bank after Rana Kapoor left?
After Kapoor’s departure, Yes Bank’s financial condition deteriorated rapidly, leading to a government-led rescue in March 2020. The State Bank of India invested ₹7,250 crore and a consortium of banks provided additional support. Under new CEO Prashant Kumar, the bank has recovered steadily, posting ₹3,174 crore in net profit in FY2025. In 2025, Japan’s SMBC acquired a 13.18% stake, signaling renewed confidence.
What was Rana Kapoor’s salary as Yes Bank CEO?
Rana Kapoor’s last reported annual compensation as Yes Bank CEO was ₹5.35 crore for FY2018. The previous year (FY2017), he earned ₹6.81 crore. His primary wealth, however, came from his approximately 11% shareholding in Yes Bank, which was valued at over ₹8,500 crore at the bank’s peak.
Article last updated:January 2026March 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including RBI filings, CBI/ED charge sheets, corporate disclosures, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial, legal, or investment advice. Net worth figures are estimates and may vary by source. All legal allegations described are as reported by investigating agencies; Rana Kapoor is entitled to the presumption of innocence until proven guilty in a court of law.