Yes Bank shares in focus as SBMC to acquire 20% stake worth Rs 13,483 cr
- Posted on May 12, 2025
- By Business News Today
- 1 Views
Yes Bank shares in focus as SBMC to acquire 20% stake worth Rs 13,483 cr
Yes Bank shares will be in focus after Japans SMBC agreed to acquire a 20% stake for Rs 13,483 crore, valuing the bank at Rs 67,411 crore. SBI and seven private lenders will divest part of their holdings. The move follows the 2020 RBI-led rescue, positioning SMBC to play a key role in Yes Banks future.
