YES BANK receives in-principle approval from SEBI for setting up of Mutual Fund, Asset Management and Trustee Co.
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MUMBAI, 27th July, 2016: YES BANK, India’s 5th largest private sector Bank, has received an in-principle approval from the Securities & Exchange Board of India (SEBI) to sponsor a Mutual Fund and to setup an Asset Management Company (AMC), and a Trustee Company. The AMC and the Trust Company shall be set up as wholly …