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Rana Kapoor

MD & CEO, YES BANK

Rana Kapoor is the President of ASSOCHAM and Managing Director & CEO of YES BANK. As a professional entrepreneur, since 2003, he is progressively establishing a high quality, state-of-the-art private Indian Bank with a vision of “Building the Best Quality Bank of the World in India” by 2020. Under his leadership, YES BANK has steadily evolved as the “Professionals’ Bank of India” with exemplary business and financial outcomes as evidenced in the financial results since inception, with highest RoA/RoE, and the best asset quality amongst leading Public and Private Banks in India.

Rana Kapoor received an Honorary Fellowship from All India Management Association (AIMA), Doctorate in Science (Honoris Causa) from G.B. Pant University of Agriculture & Technology, India’s foremost and oldest Agri University, for his contribution to the Food & Agribusiness sector in INDIA. He holds an MBA degree from Rutgers’ University in New Jersey, U.S.A. (1980), and a Bachelor’s degree in Economics (Honours) from the University of Delhi (1977). He has also received the prestigious President’s Medal from Rutgers University.

In a span of 10 years, YES BANK has received significant national and global recognitions and accolades including the prestigious IMC RBNQA Business Excellence Award, 2013, Best Midsized Bank for 2013, 2012, 2010, 2009 & 2008 in the Business Today-KPMG Best Banks Annual Survey. YES BANK was awarded the Best Bank (Mid-Size) by Businessworld and adjudged Best Managed Bank in India by the Asian Banker (2011-2013), Jakarta, 2013. YES BANK received the Rank 1 Sustainable Bank of the Year (Asia/Pacific) award at the FT/IFC Sustainable Finance Awards 2012 and 2011, London and was included as a Foundation Member of the World Economic Forum (WEF), Geneva.

Rana Kapoor was recently felicitated as the ‘Visionary Business and Banking Leader’ by National Real Estate Development Council (NAREDCO), Maharashtra Chamber for Housing Industry - Confederation of Real Estate Developers' Associations of India (MCHI- CREDAI) and Federation of Hotel and Restaurant Associations of India (FHRAI) for his extraordinary contributions to Housing & Construction, Urban Infrastructure, Tourism and Hospitality sectors among others. He also received ‘Excellence in Leadership’ Award by Mahratta Chamber of Commerce, Industries & Agriculture and “Banker of the Year” award at The SKOCH Financial Inclusion and Deepening Awards, 2014 and had earlier received The Asian Banker CEO Leadership Achievement Award for India, 2013. He has also received the 2013 Godfrey Phillips ‘National Special Social Award’ for actively driving the vision of Responsible Banking and the Distinguished Entrepreneurship Award at the PHD Chamber Awards for Excellence in 2012 and 2007. He was acknowledged as the Best Indian Banker (Mid Size) at The Sunday Standard Best Banker’s Awards consecutively in 2012 and 2013, Best Banker Award at the Rajiv Gandhi Excellence Awards in 2013, BS Banker of the Year 2011 by Business Standard, and received the Entrepreneur of the Year award at the Asia Pacific Entrepreneurship Awards 2011. He was conferred The Bombay Management Association ‘Entrepreneurial Banker of the Decade’ award and was ranked the 2nd Most Valuable Indian CEO of the Year (Large-sized category) by Businessworld Magazine in November 2011. Mr. Kapoor received the Indian Business Leader of the Year award at the FICCI-Horasis Global Indian Business Meeting 2010 in Spain, and was awarded the Start-up Entrepreneur of the Year 2005 at the Ernst & Young Entrepreneur of the Year Awards.

Prior to establishing YES BANK, Rana Kapoor was CEO & Managing Director, and main Managing Partner of Rabo India Finance (RIF) Pvt. Ltd. (a corporate finance and investment banking organisation). He successfully spearheaded RIF as a foreign joint venture financial services organization in partnership with Rabobank (AAA rated) in India and assiduously built RIF as a Professional Entrepreneur from 1998-2003. Thereafter he sold his shareholdings to Rabobank, Netherlands, in early 2003.

Prior to starting Rabo India, he was the General Manager & Country Head: ANZ Grindlays’ Investment Bank (ANZIB, from 1996-98). He spent 15 years at Bank of America (1980-1995), where he last headed the Bank’s Wholesale Banking businesses and held several positions of increasing responsibility, including assignments in Asian countries. He was presented the Eagle Pin by the Chairman of Bank of America in 1990, the highest professional recognition for consistent performance excellence at Bank of America, amongst several other enterprising achievements.

Bloomberg via Getty Images

Quenching India’s Thirst: The 5 Ps Of Water Security

For how long can India afford to depend on the vagaries of the monsoons to determine its growth? Let not the bountiful rains this year give us the easy option of postponing the challenge of ensuring India’s water security for an uncertain future. We have to commit to the basic 5 Ps of water management in India.
22/07/2016 4:22 PM IST
ASSOCIATED PRESS

RBI On Wait And Watch Mode, But Rate Cut Likely In August

In the Reserve Bank of India's second bimonthly policy review, RBI governor Raghuram Rajan decided to adopt a cautious stance and maintain the status quo despite a compelling case to cut interest rates amidst a favourable monsoon outlook, consumer price index (CPI) inflation in line with the RBI's projected path, the government's progressive reforms, fiscal consolidation and the need to nurture growth.
08/06/2016 12:08 PM IST
ASSOCIATED PRESS

Modi Govt Has Made Strides In Achieving Balanced Growth, But Challenges Remain

It is with a "balanced growth" lens of ensuring "sustainable economic development" that I prefer to look at Modi's two years in office. Many of the Prime Minister's schemes and missions have collectively set the right tone from a balanced growth perspective, including, among others, the 175 GW solar mission, the Swachh Bharat Campaign, the GiveItUp LPG Scheme, Jan Dhan, and Aadhaar. However, all great plans must be executed, which requires a fully functioning Parliament...
02/06/2016 4:56 PM IST
Tuul and Bruno Morandi via Getty Images

Crafts Aren't Just Our Heritage, They Are India's Global Comparative Advantage

The production of handicrafts is (after agriculture) the largest source of income among rural populations -- an estimated 11.65 million Indians were engaged in craft production in 2013. This is expected to grow to 13.93 million in 2017 and 17.79 million in 2022. Data from unofficial sources indicates that up to 200 million artisans depend on their crafts for a livelihood, suggesting the need for a more rigorous mapping and understanding of the sector.
23/05/2016 8:13 AM IST
Tuul and Bruno Morandi via Getty Images

5 Reasons Why The Rail Budget Is On The Right Track For The Future

For a behemoth organization like the Indian Railways, it is always difficult to create immediate short-term wins, as the revenues, investments and processes are relatively inflexible. In this light, we must credit the Minister for delivering on more than 139 promises which were made in last year's Budget, but also laying out a very clear three-pillared strategy for reorganizing, restructuring and rejuvenating the Indian Railways.
25/02/2016 10:54 PM IST
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4 Winter Session Bills That Could Make All The Difference For India's Economic Growth

The primacy of economic development in governance and progressive reforms to facilitate investments are hallmarks of the Narendra Modi-led government. Legislative facilitation is crucial to provide further impetus to this growth momentum. The ongoing Winter Session is all the more significant because of key bills that will come up for consideration before lawmakers. Among these, legislations on Goods & Services Tax (GST), real estate regulation, MSME and labour reforms stand out for their long-term economic impact.
11/12/2015 1:56 PM IST

Here's How Indo-US Ties Could Rise To New Heights

While previous talks have left much to be desired, both the countries need to rethink their strategies and engage in some out-of-the-box thinking towards setting an example of how to lead the world economy through multilateral as well as bilateral ties. As PM Modi completes his second visit to the West Coast and Silicon Valley, India and the US need to address five specific issues, which in turn can assure investors.
09/10/2015 8:17 AM IST
ASSOCIATED PRESS

Time Is Running Out For Key Legislations This Parliament Session

Marked divergence of opinion across the political spectrum, especially on economic matters, has become a characteristic feature of our democracy. This has polarized our domestic polity to the extent that legislative proceedings of the monsoon session are now in a logjam and passage of key economic bills are held up. Estimates indicate that the national exchequer is losing Rs 2 crores a day due to parliamentary disruptions.
06/08/2015 8:20 AM IST
ASSOCIATED PRESS

Modi Is Going In The Right Direction, But The Road Is Long

Even as we credit the government's accomplishments in its first year of office, it is imperative that we realise that structural changes to a country's socio-economic fabric do not materialise overnight. There has been some scepticism of late, but on the whole most stakeholders will need to be patient so long as the direction of change remains positive.
19/05/2015 8:03 AM IST