Yes Bank clarified that it has not received any in-principle approval from the Reserve Bank of India for a stake sale, countering a speculative media report. The bank emphasized the report's inaccuracies and confirmed no such approval from RBI. Yes Bank's shares rose 1.25% amidst this news report and the eventual clarification.
from Banking/Finance-Industry-Economic Times https://ift.tt/xYHjW2C
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