CBI to seek sanction from Yes Bank board for Rana Kapoor’s prosecution: Report

Under the Banking Regulation Act, 1949, Kapoor as Chairman and Managing Director of Yes Bank was regarded as a public servant – and his prosecution has to be sanctioned by a competent authority

from Moneycontrol Business News https://www.moneycontrol.com/news/business/cbi-to-seek-sanctionyes-bank-board-for-rana-kapoor’s-prosecution-report_14193101.html