Yum update fails with "Requires: packagex.y.x" but "Installed:x.x.x" on Red Hat Enterprise Linux

Issue

• Yum fails with following error:

# yum update 
Loaded plugins: rhnplugin, versionlock
This system is receiving updates from RHN Classic or RHN Satellite.
Finished Dependency Resolution
Error: Package: redhat-access-plugin-rhsc-2.1.2-3.el6rhs.noarch (rhel-x86_64-server-6-rhs-rhsc-2.1)
           Requires: rhsc >= 2.1.2
           Installed: rhsc-2.1.0-0.bb10.el6rhs.noarch (@rhel-x86_64-server-6-rhs-rhsc-2.1)
               rhsc = 2.1.0-0.bb10.el6rhs
 You could try using --skip-broken to work around the problem
 You could try running: rpm -Va --nofiles --nodigest