Yes Bank to sell mutual fund arm to GPL Finance

Mumbai: Yes Bank has signed a definitive agreement with GPL Finance and Investments Ltd to sell 100 per cent stake in Yes Asset Management (India) Ltd (YESAMC) and Yes Trustee Limited (YTL), both wholly-owned subsidiaries of the restructured bank. YESAMC is the asset management company of YES Mutual Fund and...

YES Bank fixes offer price of FPO as Rs. 12

The Board of Directors of YES Bank, at its meeting held earlier today (i.e., July 18, 2020) has approved the offer price as Rs. 12 per Equity Share and anchor investor offer price as Rs. 12 per Equity Share. The board also approved discount of Rs. 1 per Equity Share...

Max Life, Yes Bank announce 5-year extension of strategic partnership

New Delhi: Max Life Insurance and Yes Bank on Monday announced a five-year extension of their strategic bancassurance relationship, reaffirming their commitment to invest in building a digitally-enabled ecosystem that will provide a seamless experience for customers in their financial planning and protection journey. Building on the 15-year partnership, both...