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Rana Kapoor and Valia Investigated Over Rs 600 Crore Loan Assignment

Yes Bank logoYes Bank
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Former Yes Bank managing director Rana Kapoor and Suraksha ARC-11 Trust promoter-director Sudhir Valia face investigation over the alleged 2017 assignment of a Rs 600 crore Yes Bank loan to Suraksha ARC-11 Trust. A complaint alleges the loan was transferred despite not being classified as an NPA, and refers to a Rs 600 crore term loan granted in 2012 for an affordable housing project.

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