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Yes Bank's capital raising plans: Will RBI give its approval?

Updated : November 01, 2019 06:33 AM IST

A back of the envelope calculation shows that fresh issuance of equity shares to raise $1.2 billion would roughly translate to 33 percent holding in the bank at current market prices.
The Reserve Bank of India guidelines on ownership/shareholding in private sector banks currently do not allow a single investor to own more than 10 percent stake in a private bank.
Yes Bank's capital raising plans: Will RBI give its approval?

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