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Shares of private lender YES Bank will remain under pressure as MSCI Inc will delete the stock from its Global Standard Index effective Thursday. The MSCI Standard Indexes cover all investable large- and mid-cap stocks across developed, emerging and frontier markets and target approximately 85 per cent of each market's free-float adjusted market capitalisation. Last week, the RBI had said that FIIs will need prior approval to buy YES Bank shares.
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