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SMBC completes Yes Bank stake buy
Mint Mumbai
|September 19, 2025
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has completed the acquisition of a 20% stake in Yes Bank from state-owned State Bank of India (SBI) and other bank investors, the private sector lender announced on Thursday.
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With this transaction, SMBC has become Yes Bank’s largest shareholder, while SBI continues to hold a significant stake of over 10%. This milestone marks the largest cross-border investment in an Indian private sector bank.
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