November 24, 2024 15:45 (IST)
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YES Bank's stake sale stalled due to RBI's concerns over majority foreign bank ownership

YES Bank's stake sale stalled due to RBI's concerns over majority foreign bank ownership

Mumbai/IBNS: The stake sale of Indian private sector bank YES Bank is currently stalled as the Reserve Bank of India (RBI) is hesitant about allowing majority foreign bank ownership, reports Moneycontrol, citing sources familiar with the matter.