Yes Bank puts AMC arm on the block

The bank, which was taken over by lenders led by State Bank of India as part of a rescue package, has received proposals from six entities expressing interest to takeover Yes Mutual Fund, which had assets under management of Rs 57 crore as of June 2020, down from Rs 2,000 crore in March 2019.

from Markets-Economic Times https://ift.tt/2DfLxO1