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YES Bank gets Cabinet nod to increase FII limit

Discussion in 'Stock Market Discussions' started by capitalstars05, May 26, 2016.

  1. capitalstars05

    capitalstars05 New Member

    Sep 26, 2014
    Likes Received:
    YES Bank has received Cabinet nod to increase foreign investment limit – Positive for Yes Bank
    The Cabinet Committee on Economic Affairs (CCEA) has approved YES Bank’s proposal to increase foreign investment limit to 74.0%, from the existing foreign equity of 41.8%.
    The Mode of investment include QIP, ADR, GDR, QFI, and FPI under the Portfolio Investment Scheme (PIS) by acquisition of permissible securities on stock.

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