INSUBCONTINENT EXCLUSIVE:
Yes Bank Ltd said on Tuesday it would seek the Reserve Bank of India's approval to extend CEO Rana Kapoor's term beyond January, arguing
that it needs more time to identify and groom a successor.The RBI said last week Kapoor could serve as CEO of the private-sector lender only
31 next year, despite shareholders seeking to extend his term for three years, pending the RBI's approval.The company also said it would
been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)
