RBI likely to ask the lender to provide a road map or timeline to reduce promoter shareholding to 15%
Following reconciliation between the groups of the two promoters of Yes Bank, Rana Kapoor and Madhu Kapur, the Reserve Bank is now likely to ask the private sector lender to bring down promoter shareholding to 15%.
At present, Rana Kapoor, the co-founder and former MD & CEO of Yes Bank, has about 10.68% stake, while the Madhu Kapur group has 9.18%, as reported for the quarter ended March 2019.
Denne historien er fra July 19, 2019-utgaven av The Hindu.
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Denne historien er fra July 19, 2019-utgaven av The Hindu.
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‘Olympics Cancellation Likely If Vaccine Not Found In Time'
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