 "Bidders vie for Yes Bank, but regulatory hurdles threaten their ambitions for a controlling stake.")
Bidders vie for Yes Bank, but regulatory hurdles threaten their ambitions for a controlling stake.
Yes Bank is currently facing challenges in negotiations over a potential stake sale, with two bidders, Japan’s SMBC and Emirates NBD, vying for ownership. However, their demand for a 51 percent stake may hinder progress, as the Reserve Bank of India (RBI) is wary of allowing a foreign entity to hold such a significant share ...
