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Yes Man
- The Untold Story of Rana Kapoor
- Narrated by: Adwait Karambelkar
- Length: 7 hrs and 23 mins
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In the early 2000s, as a Wall Street escapee writing a financial column for the Dallas Morning News, Booth attracted attention for her bold criticism of the Fed's low interest rate policies and her cautionary warnings about the bubbly housing market. Nobody was more surprised than she when the folks at the Dallas Federal Reserve invited her aboard. Figuring she could have more of an impact on Fed policies from the inside, she accepted the call to duty and rose to be one of Dallas Fed president Richard Fisher's closest advisors.
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Publisher's Summary
The rise and fall of one of India's most promising bankers
The year was 2004, India's economy was booming, and "India Shining" seemed like a true slogan. Around the same time, a nonbanking financial company applied for and received a license to operate as a private bank. Yes Bank was born. Its rise was phenomenal, and it soon became the fourth-largest private bank in the country, with approved permissions to operate in Singapore, London, and Dubai. The returns were also immense: shareholders received hefty dividends on their investments for years on end.
That is, till the skeletons began tumbling out of the Yes Bank lockers. Stories of the bank's reckless lending were going around, and allegations of bribery and corruption became rife. Ultimately, in March 2020, the bank ran out of money, and customers were unable to get their own savings out of their accounts. The bank's promoter, Rana Kapoor, was arrested, and multiple agencies began what is still an ongoing probe.
Yes Man is the story of Rana Kapoor and his Icarus-like flight that eventually led to the Yes Bank crisis. From starting out as a junior employee at Bank of America to leading a bank worth billions, Kapoor's rise and fall is a case study in ambition, greed, and deceit. In this hard-hitting book, Pavan C. Lall not only details Rana Kapoor's journey but also asks tough questions about the banking system, its regulators, and even the business environment that led to a point of no return for Yes Bank.
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What listeners say about Yes Man
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
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Overall1 out of 5 stars
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Performance1 out of 5 stars
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Story1 out of 5 stars
- M
- 09-07-21
dull read
the book was mediocre at best... the author could have brought out many more facts and incidents on the controversial banker
