News From Press YES Bank moratorium: AMCs swing into action to safeguard investors

YES Bank moratorium: AMCs swing into action to safeguard investors

Stock market brokerage firm Zerodha has cancelled withdrawal requests made to YES Bank.

ET Mar 7, 2020

Following the 30-day moratorium placed on YES BankNSE -56.11 %, asset management companies have asked their clients, who have bank accounts with the troubled lender, to furnish details of alternate accounts for receiving redemption payouts.

Click here to read more

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Health, life insurance premiums need a tax cut? GoM to meet on October 19

Mutual funds dive into FoF waters to fish for debt fund alternatives

Sebi likely to introduce MF-Lite regulations for passive funds: Madhabi Puri Buch

Every equity mutual fund category fetched at least 20% return in last one year

Is your mutual fund overlapping putting your investments at risk? How to identify and avoid it!

How ‘bucket strategy’ can ensure regular income after retirement, while protecting nest egg

Average health insurance claims size rises 11.35% YoY in FY24: ACKO Report

Life insurance firms to discuss norms on surrender value on Sept 27 meeting

Multicap vs Flexicap funds: Which is a better choice at this point?

Indian equity funds' cash holdings at 5-year high on caution over valuations

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS