Private sector lender Yes Bank on Tuesday sent its replies to the amended petition filed by Madhu Kapur before the Bombay High Court two weeks back. The bank is going to serve the same with the register of the court on Wednesday. The final hearing is due on July 29.
CRISIL Research has come out with its report on mutual fund AUM numbers released by AMFI for the quarter ended December 2011. As per the research firm MF’s AUM down by 4.4% in Q42011 on withdrawals by corporates, banks and weak equities.