Yes Bank stake sale plan stuck, RBI does not approve of foreign player buying 51% stake

SBI’s plan to sell stake in Yes Bank may get delayed further. Banking regulator RBI is not in favour of selling majority stake in Yes Bank. According to exclusive information received by NDTV Profit, RBI has not yet given ‘fit and proper’ approval for this deal. A person familiar with the matter told NDTV Profit … Read more

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