Yes Bank shares rise up to 5% after SMBC gets RBI nod to increase shareholding
Published on 25/08/2025 09:48 AM
Yes Bank shares rise up to 5% after SMBC gets RBI nod to increase shareholdingAt the end June 2025, the domestic lenders collectively held 33.7% stake in Yes Bank, with SBI remaining the largest single shareholder with a 23.96% stake. Meanwhile, foreign investors CA Basque Investments and Verventa Holdings held 4.22% and 9.2%, respectively.By Shloka Badkar August 25, 2025, 9:48:40 AM IST (Published)2 Min ReadShares of Yes Bank Ltd. gained nearly 5% on Monday, August 25, after the Reserve Bank of India (RBI) gave its approval to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) to acquire 24.99% stake in the lender. The stock has since cooled from the opening highs.
The RBI's approval to increase SMBC’s shareholding is valid for a year.
Despite the potential increase in shareholding, SMBC would not be classified as a promoter of Yes Bank.
Currently, SMBC holds 20% stake in Yes Bank, which it acquired in May 2025 via a secondary share purchase. This comprised a 13.19% stake from SBI and a combined 6.81% stake from seven other domestic banks — Axis Bank, Federal Bank, HDFC Bank, Bandhan Bank, IDFC First Bank, ICICI Bank and Kotak Mahindra Bank.
On May 9, 2025, Yes Bank said that it had, along with its major shareholders including SBI, signed a share purchase agreement with SMBC to facilitate the acquisition of the 20% stake.
At the end June 2025, the domestic lenders collectively held 33.7% stake in Yes Bank, with SBI remaining the largest single shareholder with a 23.96% stake. Meanwhile, foreign investors CA Basque Investments and Verventa Holdings held 4.22% and 9.2%, respectively.
Yes Bank shares were trading in the green on Monday after a day's slump. The stock has gained for five of the last six trade sessions.
Yes Bank shares gained 4.8% to open at an intraday high of ₹20.2 apiece. The stock later pared its gains and was trading 2.44% up at ₹19.75 apiece around 9.30 am. The stock has gained 10.9% in the last six months.
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