Yes Bank has received the final regulatory approval from the Securities & Exchange Board of India (SEBI) to commence its Mutual Fund business. This approval is subsequent to the Reserve Bank of India's (RBI) approval granted to the bank to sponsor a Mutual Fund followed by SEBI's in-principle approval received subsequently.
This approval marks another significant milestone in the bank’s growing presence in the Indian financial markets. The Bank has also recently received the final license from SEBI to launch its Custodian of Securities business.
Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.
