The RBI has removed Yes Bank from its caution list of monitoring foreign investment following the dip in shareholding by foreign investors below the prescribed limit.
" ... The restrictions placed on the purchase of shares of the above bank are withdrawn with immediate effect," an RBI notification said.
"Equity shares of Yes Bank can now be purchased through primary market and stock exchanges," it added.
As per the data available on the BSE, FIIs held 46.30 per cent in Yes Bank as of quarter ended September 2014.
Shares of the bank today closed at Rs 676.25 per share on the BSE, down 0.72 per cent from the previous close.