Four years since the Yes Bank rescue, RBI okays its saviours' exit plan

RBI has given its in-principle approval for up to 51% stake purchase by an appropriate incoming promoter for Yes Bank, which is higher than the 26% promoter-holding limit in the usual course of business under banking rules.

Jul 9, 2024 - 01:30
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Four years since the Yes Bank rescue, RBI okays its saviours' exit plan
RBI has given its in-principle approval for up to 51% stake purchase by an appropriate incoming promoter for Yes Bank, which is higher than the 26% promoter-holding limit in the usual course of business under banking rules.

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