During the day’s trading, three large foreign banks were seen selling dollars and the exercise, dealers said, was linked to the proposed capital infusion into a private bank. Yes Bank has said it will raise about $1.1 billion from global private equity funds Carlyle Group and Advent.
Bharti Airtel transfers 69.94% stake in Airtel Payments bank to Airtel Ltd
Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday.