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Yes Bank's RBI-mandated 3-year lock-in period ends tomorrow
short by Ashley Paul / on Sunday, 12 March, 2023
The RBI-mandated three-year lock-in period imposed on Yes Bank's individual investors and exchange-traded funds is ending on Monday. Yes Bank's shares are likely to face selling pressure due to the lock-in period's end, according to analysts. They expect the SBI-led nine banks, which picked up almost 49% of Yes Bank shares in March 2020, to sell their stakes.
read more at Financial Express