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Yes Bank Founder Rana Kapoor's Home Searched By Enforcement Directorate

Yes Bank Founder Rana Kapoor's Home Searched By Enforcement Directorate

Saturday, March 7, 2020, 3:25 PM

Yes Bank founder Rana Kapoor's house in Mumbai was on Friday searched by the Enforcement Directorate, a day after the Reserve Bank of India took over the bank's board for a period of 30 days because of "serious deterioration in the financial position of the bank". A money laundering probe has been initiated against him, sources say.
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