(Corrects paragraph 2 to say the Cabinet Committee on Economic Affairs is part of the central government, not the finance ministry)
Reuters Market Eye - Shares in Yes Bank Ltd gain as much as 3 percent after a government committee approves the bank's proposal to increase foreign equity participation up to 60 percent of the total shares through a qualified institutional placement.
The Cabinet Committee on Economic Affairs, which is part of the central government, approved the increase after a request earlier this year from the Foreign Investment Promotion Board.
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