YES Bank Limited has informed the Exchange regarding a "Press Release dated September 18, 2025, in relation to Sumitomo Mitsui Banking Corporation ( SMBC ) completing acquisition of 20% stake in YES Bank Limited.".
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Yes Bank has informed the exchange that Sumitomo Mitsui Banking Corporation (SMBC), one of Japan's largest banks, has completed the acquisition of a 20% stake in Yes Bank. This marks the formal closure of the deal announced earlier, with SMBC now becoming the largest shareholder in the Indian private-sector lender. The transaction was carried out as per a press release dated September 18, 2025. This is part of Yes Bank's broader recapitalisation and growth strategy following its reconstruction in 2020.
This is a positive and significant development for Yes Bank shareholders. The entry of SMBC as a 20% promoter-level shareholder brings in a globally respected banking partner, which is likely to boost investor confidence, support the bank's credit profile, and potentially drive a re-rating of the stock. It also signals strong foreign institutional interest in Indian banking.