US-based private equity firm JC Flowers has emerged as the highest bidder for the private lender's proposed asset reconstruction company
In yet another twist in the Yes Bank family feud, the bank's CEO and MD, Rana Kapoor had written a letter to Reserve Bank of India (RBI) in 2012 seeking declassification of Madhu Kapur who is the wife of late Ashok Kapur as a co-founder.