<p>Yes Bank's Rana Kapoor on Tuesday is in talks with Paytm to sell his stake in the digital wallet company, according to media reports.</p>.<p>Kapoor offered to sell his stake of Rs 1,800-2,000 crore to Vijay Shekhar Sharma's Noida based payments startup backed by Japan's Softbank, reported Moneycontrol. <br />Further, the report stated that Kapoor and his family members hold 9.64 per cent stake in Yes Bank.</p>.<p>Talking about the complexities of the Yes Bank-Paytm deal, an anonymous source told the news website, "Sharma is evaluating the pros and cons of the deal. There are a lot of complexities, especially with promoter shareholding in banks. There are a lot of regulatory challenges, including ownership shareholding that Sharma will have to evaluate."</p>.<p>This would be the first time that a Financial Technology company would be investing in a commercial bank. In the past, Axis Bank acquired FreeCharge (Snapdeal).<br /> </p>
<p>Yes Bank's Rana Kapoor on Tuesday is in talks with Paytm to sell his stake in the digital wallet company, according to media reports.</p>.<p>Kapoor offered to sell his stake of Rs 1,800-2,000 crore to Vijay Shekhar Sharma's Noida based payments startup backed by Japan's Softbank, reported Moneycontrol. <br />Further, the report stated that Kapoor and his family members hold 9.64 per cent stake in Yes Bank.</p>.<p>Talking about the complexities of the Yes Bank-Paytm deal, an anonymous source told the news website, "Sharma is evaluating the pros and cons of the deal. There are a lot of complexities, especially with promoter shareholding in banks. There are a lot of regulatory challenges, including ownership shareholding that Sharma will have to evaluate."</p>.<p>This would be the first time that a Financial Technology company would be investing in a commercial bank. In the past, Axis Bank acquired FreeCharge (Snapdeal).<br /> </p>
