SBI Completes ₹8,889 Crore Divestment in Yes Bank; Stock Gains Over 1%

Mumbai, September 17, 2025: Through a regulatory announcement, State Bank of India (NSE: SBIN, BSE: 500112) announced that it has completed the divestment of its 13.18% stake in Yes Bank Limited to Sumitomo Mitsui Banking Corporation (SMBC). The divestment was done after the approvals from the Reserve Bank of India (RBI) and the Competition Commission of India (CCI) were received on August 22, 2025, and September 2, 2025, respectively.

Details of Divestment in Yes Bank

Under the divestment, SBI sold 13.18% of its Yes Bank stake to Sumitomo Mitsui Banking Corporation (SMBC). The 413.44 crore shares were sold at ₹21.50 per share for a total of ₹8,888.97 crore. The divestment was completed on September 17, 2025. The deal totaled 0.66% of SBI Group’s FY25 turnover and contributed 0.53% to reserves & surplus, according to the disclosure.

Stock Reaction

As of September 17, 2025, 4:00 pm, shares of the company were trading at ₹856.90, up by 25.35 points, a 3.05% increase. The company had an overall traded volume of 172.44 lakhs shares while its total traded value and total market cap stood at ₹1,461.03 crore and ₹7,90,971.62 crore, respectively.

REF: https://nsearchives.nseindia.com/corporate/SBIN_17092025115610_BSE_NSE_YBL.pdf

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