Royal Bank Of Scotland Group PLC (RBS.LN) said Monday that the necessary regulatory approvals regarding the agreement with MCB Bank Limited for the sale of its 99.37% holding in RBS Pakistan were not obtained, and closing did not occur, by Dec. 31 and accordingly the agreement and the transaction have now lapsed.

 
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com