For subscribers
Yes Bank and the banker who could not say no
Rana Kapoor being investigated over alleged kickbacks while bank forced to seek rescue
Sign up now: Get ST's newsletters delivered to your inbox
Rohini Mohan India Correspondent In Bangalore, Rohini Mohan
Follow topic:
Indian newspapers are having a field day with tortured puns about yes and no. The word play comes as Yes Bank, the fifth largest private lender, became the biggest banking failure in the nation's history.
Not only is Yes Bank being forcefully restructured by India's central bank, which is now scouring the market for investors to rescue it, but its founder Rana Kapoor - a man who once proudly declared that he has never said no to a borrower - is also under investigation for allegedly receiving kickbacks from dodgy companies.

