YES Asset Management receives approval to launch two mutual fund schemes
Deepthi | Myequity news | Date : 04-12-2018 10:30:00 IST
YES BANK is pleased to announce that pursuant to the final regulatory approval (Certificate of Registration) from the Securities & Exchange Board of India (SEBI) to commence its Mutual Fund business, YES Asset Management (India) Limited, the wholly owned subsidiary of YES BANK has received SEBI approval to launch: About YES BANK
•YES Liquid Fund and
•YES Ultra Short Term Fund
This approval is subsequent to the Reserve Bank of India's (RBI) approval granted to YES BANK to sponsor a Mutual Fund followed by SEBI's in-principle approval received subsequently.
YES BANK, India's fourth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its Top Management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India.