Which Indian bank has recently got in-principle approval from Securities and Exchange Board of India (SEBI) to start Asset Management Company (AMC) in India?

Which Indian bank has recently got in-principle approval from Securities and Exchange Board of India (SEBI) to start Asset Management Company (AMC) in India?
[A]Yes Bank
[B]ICICI Bank
[C]HDFC Bank
[D]Dena Bank

Yes Bank
Yes Bank Ltd, the private sector lender, has recently got an in-principle approval from Securities and Exchange Board of India (SEBI) to sponsor a mutual fund and to setup an Asset Management Company (AMC) and a trustee company in India.


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