Mr. Ashok Kapur, Non-Executive Chairman of YES Bank, has been killed by terrorists in Hotel Oberoi in south Mumbai.

Mr. Ashok fell to the bullets of terrorists who had laid siege to Hotel for more than 40 hours beginning Wednesday evening.

His body was found on the 19th floor of the hotel, a YES Bank spokesperson said this evening.

Mr. Kapur along with his wife and friends had gone to the Oberoi for dinner on Wednesday at one of the restaurants on the ground floor.

His wife and friends, however, had a miraculous escape.