YES Asset Management Receives Approval To Launch Two Mutual Fund Schemes

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: 

• 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.