Which bank has received final regulatory approval from the SEBI to sta – InterviewSolution

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1.	Which bank has received final regulatory approval from the SEBI to start mutual fund business?
Answer» Private lender YES Bank announced that it has received final regulatory approval from the Securities & Exchange Board of India (SEBI) to start mutual fund business. This approval is subsequent to the Reserve Bank of India's (RBI) approval. YES Asset Management (India), a wholly owned subsidiary of YES Bank, will launch fund offerings across the spectrum in both debt and equity markets over the next 6-12 months.

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