RBI Approves SMBC’s Acquisition of Up to 24.99% Stake in YES Bank

Mumbai, August 25, 2025 – YES Bank Ltd (NSE: YESBANK, BSE: 532648) shares surged over 3% in early trade today, climbing to ₹19.89, after the Reserve Bank of India (RBI) granted approval to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99% stake in the private lender.

Yes Bank Share Price Update (As of 12:39 PM)

Yes Bank shares are trading at ₹19.53, which is a 1.35% gain on August 25, 2025, at 12:39 PM IST. Yes Bank shares have dipped 18.8% in the last year, gained 9.89% in the last six months, and are up 2.09% in the previous 5 days.

Yes Bank opened trading at ₹20.20 on the day, touching the same level at the session’s high before slipping to an intraday low of ₹19.52. Yes Bank currently carries a market capitalization of about ₹61,260 crore. Over the past year, the stock has seen a 52-week high of ₹24.53 and a 52-week low of ₹16.02.

Regulatory Update

YES Bank, in its August 23 filing, confirmed RBI’s approval for SMBC to acquire up to 24.99% of its paid-up share capital or voting rights. The nod comes as part of the earlier announced deal in which SMBC will purchase 13.19% from State Bank of India and 6.81% from seven other lenders, including HDFC Bank, ICICI Bank, Kotak Mahindra Bank, and Axis Bank.

The RBI clarified that SMBC would not be classified as a promoter post-acquisition. The approval is valid for one year and remains subject to compliance with the Banking Regulation Act, FEMA provisions, and CCI clearance.

REF: https://nsearchives.nseindia.com/corporate/YESBANK_23082025135457_YBL_SE_Intimation_SMBC_Signed.pdf

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