In what feels like a story straight from a financial thriller, The Banker Who Crushed His Diamonds uncovers the rot deep within YES Bank's glittering success story. It serves as much as a cautionary tale as it exposes the chink in India's armour against financial chaos.
On 28 September 2018, after announcing that he was going to step down as the managing director of YES Bank, Rana Kapoor had claimed: 'Diamonds are forever. My promoter shares of YES Bank are invaluable to me.'However, in a span of just fourteen months, Kapoor did a complete U-turn. He sold his entire stake in the bank, even as the shares continued to get hammered by investors. Rana Kapoor and Ashok Kapur had founded YES Bank in 2004. On 5 March 2020, the Reserve Bank of India (RBI) took control of it in an attempt to avoid the collapse of the bank, which had an excessive amount of bad loans. .What led to one of the biggest banking failures in Indian history? Who is Rana Kapoor and, more importantly, what role did he play in the rise and fall of YES Bank?
هذه القصة مأخوذة من طبعة January 2021 من Storizen.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 2021 من Storizen.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Meditations for Mortals by Oliver Burkeman
It's all too simple to find your wallet much lighter in the name of \"wellbeing\" in the self-care field. Ads for crystal-infused water bottles, miracle powders, designer exercises, and a collection of self-help books you didn't even realize you needed start to appear as soon as you sign up for a meditation class.
Hug Yourself by Vinitha
Developing a positive self-image during this time is crucial for emotional wellbeing, as it helps teens embrace their uniqueness and build confidence that lasts into adulthood.
How AI Will Change Your Life by Patrick Dixon
Picture this: you're walking through a world where your fridge is smarter than you, your car knows where you're going before you do, and your coffee machine might just be your new therapist.
Gray Matters by Dr. Theodore Schwartz
Books written by doctors offer a unique blend of scientific expertise and realworld experience, making complex medical concepts more accessible to the general reader.
Cities Rethought by Gautam Bhan
\"Cities Rethought: A New Urban Disposition\" is an insightful exploration of urbanism by Gautam Bhan, Michael Keith, Susan Parnell, and Edgar Pieterse.
Chikkamma Tours Pvt. Ltd by Unmana
In the heart of Bengaluru, a murder mystery unfolds, and a fat lesbian has a chance to solve it—with a little help from her boss, and maybe a bit of romance.
Beyond Doubt by Vivek Nityananda
Behavioral biologist Vivek Nityananda’s latest book - \"Beyond Doubt: Overconfidence and What It Means for Modern Society\", delves into the nuanced and often misunderstood concept of overconfidence and its profound influence on modern society.
Bazaar Bites by Priya Bala and Jayanth Narayanan
India's street food scene is nothing short of a delicious love story, where every city has its own spicy romance brewing on the corner.
A Fire in the Sky by Sophie Jordan
Sophie Jordan’s \"A Fire in the Sky - A Novel: A Forbidden Marriage, Hidden Secrets, and a Kingdom on the Brink\", is a realm haunted by the shadows of dragons and witches serves as the backdrop for an epic tale of loyalty, betrayal, and forbidden desire.
7 Lessons of Karm Yoga by Richa Tilokani
Karm Yoga plays a crucial role in today's life by encouraging individuals to approach their daily actions with a selfless attitude, focusing on the act itself rather than the outcome, which can help combat the stress and attachment to results prevalent in modern society, leading to a more mindful and fulfilling lifestyle by integrating spirituality into everyday tasks like work, relationships, and community service; essentially, it promotes a sense of purpose and connection to something larger than oneself through dedicated action.
