Later at night of March 5, Prashant Kumar took an unforeseen call from their employer at State Bank of Asia. He was provided the task of rescuing the country’s most difficult private-sector bank, and — if he accepted — told to report for just work at 8 a.m. The morning that is following.

“The initial thing that found my head ended up being where had been the target, ” he recalled. “I experienced to Google it. “

Kumar had hesitation that is little accepting the career of ceo of Yes Bank Ltd., the financial institution which was teetering from the side of insolvency before being bailed down that month at a price of $1.3 billion. (more…)