Friday, July 04, 2008

Welcome the new age private banker who can promise you a big fortune, or even a loan!!!

Ever wondered where all that money for those big-ticket acquisitions came from? Well, it wouldn’t be possible to account for all of it, but surely a huge portion of it came from this entity called ‘Yes Bank’. Strange name you might have thought when you first heard it, but surely, its leader’s thought process too runs along stranger lines, well, atleast for those who fail to understand the genius! Not forgetting that here, we’re talking of a man who helped the who’s who of India Inc. to acquire/merge companies & grow bigger – Rana Kapoor, Founder CEO & MD of Yes Bank is also a proud shareholder of Yes Bank, who has created massive wealth (as its share prices more than trebled from just Rs.60 in July 2005 to Rs.184 in August 2007) for his shareholders too. Prior to Yes Bank, he was the Indian Head of Rabo Finance and also the chief architect of the much-touted Tata-Tetley deal. “Yes Bank has adopted a knowledge-driven approach to offer innovative financial solutions that have enabled to establish long-term partnerships with all stakeholders to create & share value,” expresses Rana Kapoor to 4Ps B&M. This ‘Start-up Entrepreneur of the Year 2005’ awardee at the E&Y Entrepreneur of the Year Awards is surely a man to watch out for!

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)

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