Carlyle, Advent get conditional nod from RBI to buy Yes Bank stake
- ‘The investors are evaluating the conditions,’ Yes Bank said, adding they will engage with the central bank to seek an early resolution of the conditions and get a final approval on the acquisition
Private sector lender Yes Bank on Thursday said that US private equity firms Carlyle Group Inc and Advent International have received conditional approvals from the Reserve Bank of India (RBI) to buy stakes in Yes Bank.
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