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Clues by NC Team • 19 Jul 2019, Friday

A 78% drop in Yes Bank shares since August has left founder and former CEO Rana Kapoor poorer by some $1 billion. The Indian lender, which reported weak earnings on late Wednesday, plunged as much as 20% on Thursday. That has contributed to a drop in Kapoor’s net worth to $377 million from $1.4 billion on August 20. Under Kapoor, Yes Bank had grown to become India’s fourth largest private lender since he co-founded the bank in 2004.

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