

Yes Bank's proposed sale to a private buyer faces a hurdle as potential buyers seek a 51% shareholding, not allowed under current rules. Major Indian banks may delay their exit from the private lender. The sale aims to provide an exit to existing shareholders like SBI, HDFC Bank, and ICICI Bank, and increase the bank's equity base.


Yes Bank's proposed sale to a private buyer faces a hurdle as potential buyers seek a 51% shareholding, not allowed under current rules. Major Indian banks may delay their exit from the private lender. The sale aims to provide an exit to existing shareholders like SBI, HDFC Bank, and ICICI Bank, and increase the bank's equity base.
•Major Indian banks like SBI, HDFC Bank, and ICICI Bank may delay their exit from the private lender.
•Sale aims to provide an exit to existing shareholders and increase the bank's equity base.
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