The was the fastest growth in FII holding in the private lender since March quarter of 2017. India’s top institutional investor LIC, with a 8.90 per cent holding, was among the biggest DIIs in YES Bank as of March 31.“Many people brought YES Bank shares as a growth stake. “The only thing is that the growth that we will pursue now will have to be of higher quality. The general feeling was that we would get to a RoA of 1 per cent in four years, which is not correct. What remains to be seen from our perspective is how the new management adapts to its business model,” said Jani.

Source: Economic Times April 30, 2019 09:44 UTC