Comments
YES Bank on Monday said it has received final approval and registration from market regulator SEBI to act as a custodian of securities. “Custodial services will complement YES Bank’s existing capital market offerings and enable the bank to play a larger role in channelising domestic and foreign investments into Indian financial markets,” said Rana Kapoor, Managing Director & CEO, YES Bank.
The licence will allow the lender to offer custodial services to financial market participants, including foreign institutional investors and foreign portfolio investors. Our Bureau
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.