When it comes to the top entrepreneurs in India, Rana Kapoor's name is always on the list. He has made a significant contribution in the banking industry and astounded everyone with his immense wealth. He is known for his philanthropic work and has won numerous awards for his outstanding contributions.
Born on 9th September 1957, in Delhi, Rana Kapoor's family had a background in the textile industry. His father, late Ashok Kapoor was a textile businessman, and his mother was a homemaker. Rana Kapoor's educational journey began at U.P.S. Vidya Mandir, Meerut, and later, he graduated in economics from the Shri Ram College of Commerce, Delhi University.
After completing his Bachelor's degree, Rana Kapoor moved to the United States to pursue higher education. He earned his MBA from Rutgers University and spent the next few years working in the banking industry. However, his ardent desire to make a difference in the Indian banking sector saw him return to India.
Today, Rana Kapoor's net worth is estimated to be over $1.2 billion, making him one of the richest Indians. His success story is an inspiration to many budding entrepreneurs, and his contributions to the Indian banking industry have earned him respect and admiration.
Rana Kapoor: A Complete Biography
Rana Kapoor is a well-known Indian banker and entrepreneur, best known for his leadership at Yes Bank. Born on September 9, 1957, in New Delhi, Kapoor completed his early education at Frank Anthony Public School in New Delhi, before moving to Mumbai for college. Kapoor began his career in banking in 1980 at Bank of America, where he spent more than a decade before moving on to Citibank, where he served as CEO of the bank's Indian operations. In 2003, he founded Yes Bank, which quickly grew to become one of India's largest private sector banks. Throughout his career, Kapoor has received numerous awards for his contributions to the banking industry. He was named Entrepreneur of the Year at the Economic Times Awards for Corporate Excellence in 2010, and received the Ernst & Young Entrepreneur of the Year award in 2011. Despite his success, Kapoor has also faced controversy throughout his career. In 2019, he was arrested by India's Central Bureau of Investigation on charges of money laundering and corruption. Kapoor denies any wrongdoing and the case is ongoing. Regardless of the outcome, Kapoor's legacy in the Indian banking industry is undeniable. His entrepreneurial spirit and leadership at Yes Bank have contributed to the growth and development of India's economy, and he remains a respected figure in the business community.Early Life and Education
Rana Kapoor was born on September 9, 1957, in Delhi, India. He was raised in a middle-class family and his father was an engineer.
Kapoor attended Frank Anthony Public School in Delhi and later went to Shri Ram College of Commerce in Delhi University, where he earned his Bachelor's degree in Economics.
After completing his undergraduate studies, Kapoor pursued a Master's degree in Business Administration from Rutgers University in the United States.
During his time in the US, Kapoor worked at various companies, including Bank of America and ANZ Grindlays. He also gained valuable experience in finance and banking, which would later serve him well in his career.
After completing his MBA, Kapoor returned to India and started his career in banking. He worked at various banks before co-founding Yes Bank in 2004.
Professional Career
Rana Kapoor began his professional career as a banker in 1980 at Bank of America in India, where he worked for about 15 years and climbed the corporate ladder to become the head of Asian operations. After leaving Bank of America, Kapoor co-founded the Indian retail finance company, YES Bank, in 2004, with the aim of providing banking solutions to the country's growing middle class.
Under Kapoor's leadership, YES Bank became one of the fastest-growing banks in India, with a focus on innovative digital solutions and a robust retail banking network. Kapoor's success at YES Bank brought him accolades, including the Ernst & Young Entrepreneur of the Year award in 2010.
However, Kapoor's tenure at YES Bank came under scrutiny in 2018 when the Reserve Bank of India (RBI) raised concerns about the bank's lending practices and its disclosures. In March 2020, Kapoor was arrested by the Enforcement Directorate (ED) on charges of money laundering related to alleged financial irregularities at YES Bank.
Kapoor's legal troubles did not stop there, as in December 2020, the RBI fined him and several other former YES Bank executives for failing to disclose a bad loan to a large corporate borrower. Kapoor, who has denied any wrongdoing, is currently awaiting trial in his ongoing legal cases.
Personal Life and Family
Rana Kapoor was born into a family of bankers. His father, Roshan Lal Kapoor, was a renowned banker himself, who worked with Bank of India for over two decades. Rana's family is originally from Punjab, India, but he spent most of his childhood in Delhi.
Rana is married to Bindu Kapoor, and the couple has three daughters - Rakhee, Roshni and Radha. His wife Bindu is actively involved in philanthropic activities and runs an NGO called Do Right Foundation.
Rana is known to be a family man and spends a lot of time with his wife and daughters. He often shares pictures of his family on social media and has called them his biggest support system throughout his career.
Despite his busy schedule, Rana makes sure to take out time for his family and believes in balancing his work and personal life. He has also instilled these values in his daughters, who have all pursued successful careers in their respective fields.
Net Worth and Business Ventures
Rana Kapoor is known for his successful business ventures that have contributed to his immense wealth. He has a net worth of over $1 billion, making him one of the richest people in India. Kapoor's net worth has grown significantly over the years as he continues to expand his business empire and invest in new ventures.
One of Kapoor's most successful business ventures is Yes Bank, which he co-founded in 2003. Under his leadership, Yes Bank became one of India's leading private sector banks, offering a range of banking services to businesses and individuals. The bank's success contributed significantly to Kapoor's net worth, and he maintained a significant stake in the company until his departure in 2020.
In addition to Yes Bank, Kapoor has invested in various other business ventures over the years. He has been involved in the real estate and hospitality sectors, as well as the media and entertainment industry. Kapoor's diverse business interests have helped him to build a significant portfolio of assets and investments.
Despite his success, Kapoor's career has been marred by controversy. In 2018, he was accused of financial irregularities at Yes Bank, leading to his departure from the company in 2020. However, Kapoor has vowed to continue his business ventures and work towards creating more wealth for himself and his family.
FAQ
Who is Rana Kapoor?
Rana Kapoor is an Indian businessman and co-founder of Yes Bank.
What is Rana Kapoor's age?
Rana Kapoor was born on September 9, 1957. As of 2021, he is 64 years old.
What is Rana Kapoor's net worth?
Rana Kapoor's net worth is estimated to be around $1.1 billion USD.
What is Rana Kapoor's height and figure?
Unfortunately, the article does not provide information about Rana Kapoor's height and figure. However, it is known that he has a keen interest in fitness and regularly works out.
What is Rana Kapoor's professional background?
Rana Kapoor has over 30 years of experience in the banking and finance industry. He started his career at Bank of America in India and then worked at ANZ Grindlays before co-founding Yes Bank in 2004. Under his leadership, Yes Bank became one of the fastest-growing banks in India.
