Mumbai Police have registered a fresh FIR against Rana Kapoor, the former CEO of Yes Bank, along with investor Sudhir Valia and others. The complaint centres on alleged irregularities involving loan assignment and the sale of mortgaged assets.
The investigation focuses on suspected undervaluation of collateral assets and the improper transfer of recovery rights tied to a loan that was sanctioned in 2016. These allegations touch on core lending practices—how banks value security and manage asset recovery workflows.
The matter remains under active investigation. No court has yet established guilt in the case, and the proceedings are ongoing.
The FIR adds to the scrutiny surrounding Yes Bank's governance and lending practices during the period in question. Such cases highlight the importance of rigorous collateral valuation and transparent recovery mechanisms in institutional lending.
