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Yes Bank gains; RBI removes restrictions on share purchase

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Reuters
Last Updated : Nov 21 2014 | 10:35 AM IST

Reuters Market Eye - Yes Bank shares gain 3.1 percent.

The Reserve Bank of India (RBI) on Thursday said restrictions placed on the purchase of its shares by foreign investors withdrawn.

RBI in September said further share purchase by foreign investors will be allowed only after obtaining its approval.

(Reporting by Abhishek Vishnoi)

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First Published: Nov 21 2014 | 10:26 AM IST

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