Competition Commission of India (CCI) has approved the acquisition of YES Asset Management (India) Limited (YES AMC) and YES Trustee Limited (YES Trustee) by GPL. GPL Finance and Investments Limited (GPL) will acquire 100% equity shares of YES AMC and YES Trustee.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
GPL will acquire Yes Mutual Fund and become its sole sponsor. It is registered with the Reserve Bank of India as a non-deposit taking and non-systemically important Non-Banking Financial Company (NBFC). GPL is classified as an investment company. It is part of White Oak Group, an investment management and investment advisory group founded by Mr Prashant Khemka. YES AMC and YES Trustee belong to YES Bank Limited group. YES AMC acts as an asset management company/investment manager to YES Mutual Fund.
Important takeaways for all competitive exams:
Uttar Pradesh has announced that Aadhaar authentication will be mandatory for property registration. The new…
On January 30 every year, India pauses to remember the immense sacrifices made for its…
A budget is an important financial plan that shows how a government will collect money…
The Economic Survey for FY26 is being presented in Parliament by Union Finance Minister Nirmala…
India has officially nominated Meghalaya’s famous living root bridges for UNESCO’s 2026–27 World Heritage evaluation…
"The Economic Survey 2025–26, prepared under the guidance of Chief Economic Advisor Dr. V. Anantha…