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SMBC acquires 4.22% more in Yes Bank
Business Standard
|September 24, 2025
Yes Bank on Tuesday said Sumitomo Mitsui Banking Corporation (SMBC) of Japan had acquired an additional 4.22 per cent stake in the Mumbai-based bank.
With the acquisition, SMBC's stake in Yes Bank has increased from 20 per cent to 24.22 per cent.
SMBC acquired 1.32 billion shares via off-market sale on September 22, Yes Bank said in a regulatory filing. With the acquisition, the total holding of the Japanese entity in the bank rose to 7.59 billion shares, it said.
With this transaction, SMBC has become Yes Bank's largest shareholder, while SBI continues to hold a significant stake of over 10 per cent.
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