By Admin 
There was a big change in India’s banking sector when State Bank of India (SBI) sold its 13.18% stake in YES Bank. Under this Deal, Japan’s legendary Banking Company Sumitomo Mitsui Banking Corporation (SMBC) has bought this stake for ₹ 8,889 crore. SBI sold 413.44 crore Share at the rate of ₹ 21.50 per Share. SMBC had received approval from RBI on 22 August 2025 and CCI on 2 September. The SBI Board approved this deal in May 2025 itself. SMBC, which is part of Sumitomo Mitsui Financial Group (SMFG), is investing a total of ₹ 13,483 crore in YES Bank, which will give him a 20% stake. RBI has also allowed SMBC to send 2 Nominee directors to Yes Bank’s board. Along with SBI, 7 and private bank, HDFC Bank, ICICI Bank, Axis, Kotak, IDFC First, Federal and Bandhan Bank-also remained 6.81% stake in ₹ 4,594 million. Are. In 2020, these banks bought Share at ₹ 10, and are now getting out with profits at double the rate.