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Investment by FIIs under PIS - Removal from the Ban List : M/s Yes Bank Limited

The Reserve Bank of India has today notified that the aggregate share holdings in M/s Yes Bank Limited by Foreign Institutional Investors (FIIs) under the Portfolio Investment Scheme (PIS) have gone below the prescribed threshold limit stipulated under the extant FDI Policy. Hence, the restrictions placed on the purchase of shares of the above company is withdrawn with immediate effect.

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/15

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