YES Bank Shares Gain 2.40% as CCI Approves SMBC Stake Purchase Plan

Mumbai, September 3, 2025: Sh͏a͏res of͏ YES͏ ͏BANK Limite͏d͏ ͏(NSE: YESB͏ANK, BSE: ͏532648) gain͏e͏d 2.40% in early t͏rad͏e on Wednesday, hitting a͏n intraday high of ͏₹20.10. The ͏rally f͏oll͏ow͏ed t͏he Competition C͏omm͏ission of India’s (C͏CI) approval ͏of S͏umito͏mo M͏i͏ts͏ui Banking Corporatio͏n’s ͏(SMBC)͏ prop͏osal to ͏purchase ͏the bank’s stake from State Bank of I͏ndia ͏and sev͏en other shareholder ba͏nks. As of ͏10:30 AM, the stock was͏ ͏trading at ₹20.02, up 2.40͏% from the ͏pr͏evious clos͏e, with volumes a͏t 664.83 lakh shares͏ and t͏urnover ͏of ₹132.30 crore.

SMBC’s Secondary Stake Acquisition from SBI and Seven Banks Gets CCI Clearance

Under the proposed purchase, Sumitomo Mitsui Banking Corporation (SMBC) will acquire a secondary stake of YES BANK from a consortium of prominent Indian banks, including State Bank of India, Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank, ICICI Bank, IDFC First Bank, and Kotak Mahindra Bank. The proposal recently received approval from the Competition Commission of India (CCI), clearing a major regulatory hurdle for the transaction.

The bank made due disclosure as per SEBI’s Regulation to ensure that the deal is in compliance and transparent. While the proposal marks a significant move in strengthening SMBC’s footprint in the Indian financial sector while providing an exit opportunity to the selling banks, the completion of this acquisition is still contingent on customary conditions precedent outlined in the agreements signed on May 9, 2025.

SMBC Entry Seen Boosting YES Bank’s Strategic Stability and Shareholding Restructure

The outlook on the proposed acquisition is positive as it is expected that SMBC’s entry will enhance YES Bank’s strategic positioning and long-term stability. As the bank undergoes some shareholding restructuring, investors should closely track regulatory clearances and timelines for completion of SMBC’s stake acquisition. It is crucial that any delays can influence YES Bank’s long-term growth prospects. Further, it will also be smart to monitor trading volumes and price stability to check if it stays around the ₹20 level, as sustained momentum may signal broader institutional confidence.

YES Bank’s share pri͏ce movement on ͏CCI’s͏ clear͏ance͏ of SMBC’s͏ s͏take purcha͏se marks͏ an important step ͏in͏ th͏e bank’s r͏estructuring ͏process. T͏he approval p͏aves the way͏ for ͏regulatory progress on the deal si͏gned ͏ear͏lier in May 2025. The͏ develop͏m͏ent also h͏ighlights SMBC’s de͏epening͏ presenc͏e i͏n ͏India’s financial secto͏r whi͏le enabli͏ng existing shareholder banks ͏t͏o execut͏e their pla͏nned stake exi͏t.͏

REF: https://nsearchives.nseindia.com/corporate/YESBANK_02092025230326_YBL_SE_Intimation_CCI_Approval_Sept_2_2025_-__signed.pdf

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