YES Bank plans to seek regulator’s nod for entering mutual fund business

Mumbai: YES Bank plans to seek approval from regulators for entering into the asset management and primary dealership business. This will complement the bank’s retail liabilities strategy, strengthen multi-product customer engagement and also allow the bank to leverage its distribution network for customer acquisition.

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Source:: http://www.ibef.org/news/yes-bank-plans-to-seek-regulator-nod-for-entering-mutual-fund

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