<p>Yes Bank Ltd said on Friday the Reserve Bank of India would allow it to exit a reconstruction scheme put in place more than two years ago only after the share lock-in period ends.</p>.<p>The bank said in a regulatory filing the lock-in period for shares of existing shareholders would end in March next year.</p>.<p>Yes Bank did not respond to a <em>Reuters</em> request for comment seeking more details.</p>.<p>In March 2020, Yes Bank's financial position had seriously deteriorated, sparking contagion risk in the banking system from the then fifth largest bank in India.</p>.<p>Earlier this week, Yes Bank approved private equity firm JC Flowers ARC as the buyer for its $6 billion stressed loan portfolio.</p>
<p>Yes Bank Ltd said on Friday the Reserve Bank of India would allow it to exit a reconstruction scheme put in place more than two years ago only after the share lock-in period ends.</p>.<p>The bank said in a regulatory filing the lock-in period for shares of existing shareholders would end in March next year.</p>.<p>Yes Bank did not respond to a <em>Reuters</em> request for comment seeking more details.</p>.<p>In March 2020, Yes Bank's financial position had seriously deteriorated, sparking contagion risk in the banking system from the then fifth largest bank in India.</p>.<p>Earlier this week, Yes Bank approved private equity firm JC Flowers ARC as the buyer for its $6 billion stressed loan portfolio.</p>