trending Market Intelligence /marketintelligence/en/news-insights/trending/KRujg16834TtIjqSDoVpcw2 content esgSubNav
In This List

SEBI approves YES BANK's custodian of securities biz

Blog

Banking Essentials Newsletter: July Edition - Part 3

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks


SEBI approves YES BANK's custodian of securities biz

YES BANK Ltd.was granted in-principle approval from the Securities and Exchange Board of Indiato act as a custodian of securities.

The bank said May 5 that it will now register with SEBI as acustodian of securities and establish the business within 12 months.

YES BANK has already been granted approval from the Reserve Bankof India to establish the custodian of securities business.

A custodian of securities license will enable YES BANK to offercustodial services to financial market participants, including foreign institutionalinvestors and foreign portfolio investors.