Yes Bank shareholding churn: Founder Rana Kapoor may sell part of stake

The shareholding structure at Yes Bank may witness a churn with founder Rana Kapoor in talks to sell a part of his stake. Kapoor is discussing a stake sale with One97 Communications, the promoter of financial services firms Paytm and Paytm Payments Bank. In case such a deal does take place, it would require the Reserve Bank of India's approval since One97 holds a licence for a payments bank.