Yes Bank share up by more than 2% after RBI gives approval to SMBC's stake purchase

Yes bank share price is up today. At 10:20 a.m. 25^th August, 2025, the stock is up by 2.18%, trading at Rs 19.70. This, after RBI gave approval to Sumitomo Mitsui Banking Corporation (SMBC) for its purchase of  up to 24.99% stake in Yes Bank. At this time, the benchmark Nifty 50 index is up by 0.21%.

SMBC classified as non-promoter entity in the approval

The approval given by RBI classifies SMBC as a non-promoter entity even after the purchase of stake. After this approval, SMBC is likely to execute its purchase of 13.19% stake in Yes Bank from State Bank of India. It is also expected to buy another 6.81% stake in Yes Bank from seven private banks.

RBI governor Sanjay Malhotra had earlier said that the central bank will adopt a case-by-case approach in providing approval to acquisition of stakes in Indian banks by foreign banks and financial institutions.

Yes Bank’s share has underperformed the Nifty 50 index year-to-date (YTD) in 2025. After including the gains of today, the stock has gained 0.71% YTD in 2025. Nifty 50 index has gained 4.95% in this period. YTD, Nifty Bank Index has gained 7.93% in 2025. Yes Bank’s stock has underperformed the benchmark Nifty Bank Index by a margin of over 7% this year.

Many foreign banks and financial institutions are showing interest in acquiring stakes in Indian banks and financial institutions. This, because of the significant market growth and market penetration opportunities that are there in this sector.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE