Rolling the DICE: Rana Kapoor’s Guide Map for an ‘Entrepreneurial Economy’ in India. As we witness the exponential rise in Indian start-ups and unicorns dominating the corporate discourse, it is imperative to understand how this culture came to be. Only then can we move towards a fundamentally strong and flourishing ecosystem of entrepreneurship. India’s ‘Entrepreneurial Economy’ has its roots in the framework of DICE – Design, Innovation, Creativity-led Entrepreneurship.
Among the eminent personalities in our corporate and financial world, Rana Kapoor was the prominent champion for the cause of DICE in stimulating Indian economy. Diving into entrepreneurship himself, he established YES Bank in 2004 and built it into the nation’s 4th largest private sector bank. He summarized the success story of his banking enterprise as, “We opened our first branch in Mumbai in August 2004 and a year later hit the capital markets with an IPO that raised over Rs. 300 crores (approx.
For the Indian ecosystem, a comparative model can be found in the culture of Silicon Valley. Rana Kapoor Biography - Leader Biography. Rana Kapoor is the Founder Promoter of YES BANK. He has been a professional entrepreneur since 1998. He established YES BANK in 2004, as a high-quality, state-of-the-art private Indian Bank with a vision of “Building the Finest Quality Large Bank of the World in India”.
Under his leadership, YES BANK steadily evolved as the “Professionals’ Bank of India” with exemplary business and financial outcomes as evidenced in the financial results since inception, with strong profitability and consistent asset quality. Rana Kapoor holds an MBA degree from Rutgers’ University in New Jersey, U.S.A. (1980), and a Bachelor’s degree in Economics (Honours) from the University of Delhi (1977). Basic Information Association Name – Rana Kapoor is a SRCC Alumni Awards & Recognition Lifestyle Hobbies : Playing golf, Doing art Rana Kapoor Investments -NA Company Profile.
Rana Kapoor: The banker who believed in Inclusive and Social Banking - National Age. Yes Bank has always walked on the path of responsible and dutiful banking, as carved out by its Founder and former MD & CEO, Rana Kapoor Even as it cemented its position as a major private banking player, Yes Bank kept sight of the trajectory laid down by its Founder, Rana Kapoor. Working diligently in pursuit of “Responsible Banking” ethos, he prioritized sustainable initiatives which were supported by the framework to “Promote, Invest, Engage, Collaborate and Monitor”.
He defined Responsible Banking as, “In today’s increasingly interconnected societies and economies, the solution to our shared challenges and ambitions requires a collective, ‘glocal’ approach that is driven through ‘Alliances, Relationships and Technology”. The central tenet behind Yes Bank’s Inclusive & Social Banking was the belief that not only would this contribute to inclusive growth, but it would also improve social justice for Indians who were yet to be formally inducted into the banking sphere. Rana Kapoor’s dream of an economy free of paper currency: convenient and cashless! Post Views: 8 Not only do YES Bank’s efforts in digitalization re-affirm its commitment to the country’s grand goal of a Digital India but they also reinstate the role of an enigmatic leader like Rana Kapoor, former MD of the YES Bank, who showed us how initiative, inclusion and innovation are the forces that will take India to its desirous future The world is moving to an exciting future ahead given the continuing technology boom.
This future is one that is anticipated to be enshrouded by digital as the core highway of communication, transfer and for access- be it of anything from information to the way we pay for things. In the wake of the ‘cashless economy,’ countries like Finland, Norway, South Korea, Sweden have taken initiatives and already have potential to be the cashless leaders of the world for decades to come. Rana Kapoor’s YES Global Institute developed a three-pronged approach to enhance the Indian skill ecosystem. Rana Kapoor’s Midas Touch: Yes Securities’ Emergence as a Holistic Suite of Wealth and Financial Solutions.
FACT CHECK: A Reliable Advisor to Indian MSMEs: How Rana Kapoor Led Yes Banks YES GST programme. Setting a record as a Banking Maverick – Rana Kapoor’s journey as an Entrepreneurial Banker. Rana Kapoor Had Belief In India’s 5 Trillion Dollar Dream. At the 48th World Economic Forum (WEF) held in 2018 in Davos, Switzerland, Prime Minister Narendra Modi sounded the bugle for India’s next milestone on the global stage – becoming a 5-trillior-dollar economy by 2025. This goal was met both with vigor across the country as well as skepticism. Within the domestic fraternity, Yes Bank’s founder Rana Kapoor was among the first voices which unequivocally believed in the dream and he publicly supported the goal – “India’s compelling case”, in his words – at the ET Global Business Summit in 2018.
The history so far of the various ups and downs witnessed by the Indian economy provides a comprehensive understanding of how feasible the dream is. According to the World Bank, Indian GDP has gone from $468.395 billion in 2000 to $1.217 trillion in 2007. Further, the economy crossed the $2 trillion mark in 2014, and was nearing the $3 trillion mark – before the COVID19 pandemic derailed normal life and trade. Setting a record as a Banking Maverick – Rana Kapoor’s journey as an Entrepreneurial Banker. Rana Kapoor Wiki, Age, Wife, Children, Family, Biography, & More – WikiBio. Rana Kapoor is an Indian entrepreneur who has successfully made the $450 million acquisition of Tata Tetley and UKby Tata Tea deal.
Wiki/Biography Rana Kapoor was born on Monday, 9 September 1957 (age 63 years; as of 2021) in New Delhi, and his hometown is in Mumbai. His zodiac sign is Virgo. Rana Kapoor did his schooling at Frank Anthony Public School, New Delhi. He attended Shriram College of Commerce, New Delhi, and later, he pursued MBA from Rutgers University, USA. Physical Appearance Height: 5’ 10” Height: 82 kg Eye Colour: Brown Hair Colour: Black/Grey Family & Caste Rana Kapoor was born in a Hindu family. Relationships, Wife & Children He is married to Bindu Rana Kapoor, and the couple has three daughters, Radha, Raakhe, and Roshini. Career In the ’80s, he lived as a paying guest in Mumbai, it was the time when he was not a well-established entrepreneur. Awards, Honours,& Achievements Net Worth $377 million as of 2020 Favourite Things Food: Matar Paneer, ChineseTravel Destination: New York. Rana Kapoor Age, Wife, Children, Family, Biography, & More » StarsUnfolded.
Verified Quick Info→ Hometown: Mumbai Wife: Bindu Rana Kapoor Age: 63 Years Rana Kapoor is a well-known Indian businessman.Rana Kapoor led the landmark $450 million acquisition of Tata Tetley Tea, UKby Tata Tea which was the biggest cross-border acquisition by an Indian firm in Indian Corporate history.He was the longest-serving Assocham President from July 2013 to November 2015.Dr.