Sumitomo Mitsui Banking Corporation (SMBC) of Japan has acquired an additional 4.22 per cent stake in Yes Bank. With the acquisition, SMBC's stake in Yes Bank has increased from 20 per cent to 24.22 per cent. SMBC acquired 132.39 crore shares via off-market sale on September 22, 2025. With the acquisition, the total holding of the Japanese entity in the bank rose to 759.51 crore shares. With this transaction, SMBC has become Yes Bank's largest shareholder.
Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.
