Yes bank: Japan’s Sumitomo Mitsui Banking Corporation (SMBC) now has the largest stake in Yes Bank. Yes Bank has informed on Tuesday that SMBC has won 4.22 percent in the bank and has won. With this, the SMBC stake in Yes Bank has now increased from 20 percent to 24.22 percent.

Shares obtained through off-market cell

Yes Bank has said in a regulatory filing that SMBC won 132.39 crore shares of the bank on September 22 through off-market sales. With this deal, the number of bank shares with SMBC has increased to 759.51 crore shares. Now SMBC is the largest shareholder of Yes Bank. The State Bank of India (SBI) has an important stake of more than 10 %. Whereas there was a time when SBI had 24 percent stake in Yes Bank.

With this, now during the trading session on Wednesday, there can be a stir in the shares of Yes Bank. Yes Bank said that SMBC has taken this step to speed up the investment between Japan and India, to accelerate corporate banking, treasury service and cross-border solution. In addition, Yes Bank said that four domestic credit rating agencies – Crisil, ICRA, India Ratings and Care – have now rated it AA.

SBI had announced to sell share in bank

Last week, the country’s largest bank SBI had announced to sell about 13.18 percent of Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for Rs 8,888.97 crore. The SMBC has entered into an agreement to increase its equity share at Yes Bank with CA Basque Investments, the Global Investment firm Carclail Group, to increase its equity share at 4.22 percent higher. Shortly before Korona’s arrival in March 2020, RBI and the government took necessary steps to keep Yes Bank in the market. Under this, banks led by SBI won 79 percent stake in Yes Bank, helping to maintain it.

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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.

Yes bank share: Sumitomo Mitsui Banking Corporation (SMBC) of Japan has received approval from the Reserve Bank of India (RBI) to purchase a 24.99 percent stake in Yes Bank. Along with this, Yes Bank shares are going to be in focus on Monday. Earlier, the bank’s shares fell 0.77 percent on the NSE to Rs 19.28 per share on the last trading day of the previous week.

Will buy stake through secondary market

Yes Bank has informed on July 9, 2025 that the SMBC has proposed to buy a stake in the bank through the secondary market. It will buy 13.19 percent stake from State Bank of India. While 6.81 percent will buy from seven other shareholders. Other shareholders include Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank, ICICI Bank, IDFC First Bank and Kotak Mahindra Bank.

How long will the approval remain valid?

Yes Bank said in its regulatory filing, “We are happy to say that SMBC has got approval to purchase the bank’s 24.99 percent stake on 22 August through a letter from the Reserve Bank.” This approval will remain valid for 22 August to 1 year. Yes Bank said, “RBI has clearly stated that after the said acquisition, SMBC will not be considered as a promoter of the bank.

RBI approval is subject to these conditions

RBI’s approval is subject to other conditions, including the relevant provisions of the Banking Regulation Act, 1949, the RBI master instructions and guidelines (timely amended), Forex Management Act, 1999 compliance on the acquisition of shares or voting rights in banking companies, acquisition and voting rights in banking companies.

Let us know that SMBC Sumitomo is a fully owned subsidiary of Sumitomo Mitsui Financial Group (SMFG). It is the second largest in Japan and the 14th largest banking group in the world, with a net worth of about $ 2 trillion US $.

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Yes bank: Today, on Tuesday, there was a special movement in the shares of Yes Bank. In early trade, Yes Bank shares reached the National Stock Exchange (NSE) with a jump of 9.6 percent to Rs 19.44 per share. However, there was some decline in the afternoon business. The bank’s shares are trading at Rs 18.11 per share with some decline. Yes Bank shares closed at Rs 17.73 per share in the last business session.

Deal is being done with Japan company

In fact, Japan’s Sumitomo Mitsui Banking Corp (SMBC) is undergoing talks with the bank to buy 51 percent stake in YES Bank. If the matter is confirmed on the deal, it will probably be considered the biggest deal in India’s banking sector so far. Earlier in the year 2020, Lakshmi Vilas Bank, who was struggling with poor financial condition, was merged with DBS Bank in Singapore. After this, such a big deal has not yet been done in the banking sector of the country.

Screw is stuck on this thing

SMBC, the unit of Japan’s second largest bank Sumitomo Mitsui Financial Group, has been interacting with Yes Bank’s largest Investor State Bank and Reserve Bank, but the talk on ownership and voting rights is stuck. It is being told that SMBC has received approval from RBI to purchase 51 percent stake in Yes Bank. It is also being told that SMBC is also in talks with SBI to finalize this deal.

There will be a deal in this

According to the report, the deal can be valued at $ 1.7 billion (about Rs 14,000 crore). Sumitomo will either buy less than 26 % stake and will merge through the share swap or bring an open offer by purchasing 26 percent stake. This can provide the control of the bank to Sumitomo, which will be a big strategic change.

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