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SMBC buys extra 4.22% stake in Yes Bank
Millennium Post Delhi
|Delhi 24 September 2025
Yes Bank on Tuesday said Sumitomo Mitsui Banking Corporation (SMBC) of Japan has acquired an additional 4.22 per cent stake in the Mumbai-based bank.
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With the acquisition, SMBC'’s stake in Yes Bank has increased from 20 per cent to 24.22 per cent.
SMBC acquired 132.39 crore 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 759.51 crore 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.
This story is from the Delhi 24 September 2025 edition of Millennium Post Delhi.
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