The Reserve Bank of India has today notified that the aggregate share holdings in M/s Yes Bank Ltd. by Foreign Institutional Investors (FII)/Registered Foreign Portfolios Investors (RFPI)/Non-Resident Indians (NRI)/Persons of Indian Origin (PIO) and through American Depository Receipts (ADR)/Global Depository Receipts (GDR)/Foreign Direct Investment (FDI) have gone below the prescribed threshold caution limit stipulated under the extant FDI policy. Hence the restrictions placed on the purchase of shares of the above bank are withdrawn with immediate effect.

It may also be noted that all the approvals received against the said scrip are duly cancelled. Equity shares of M/s Yes Bank Ltd. can now be purchased through primary market and stock exchanges.

Ajit Prasad
Assistant General Manager

Press Release: 2014-2015/1030