Yes Bank Gets Board Nod to Raise FII, FPI Limit to 74%

New Delhi: Yes Bank on Thursday said it has received approval from its board of directors to hike the foreign shareholding limit up to 74 per cent, from existing 49 per cent.   "... the board of directors of the company has approved the proposal to seek final approval of shareholders for increase in the limit for FII/FPI up to 74 per cent of the paid-up share capital of the bank from the existing limit of 49 per cent," it said in a f...