Archive · 18 Sep 2025
SBI Sells Yes Bank Stake to SMBC for Rs 8,889 Crore
SBI, a big Indian bank, has sold a part of its ownership in Yes Bank to SMBC, a Japanese bank.
SBI sold about 13% of its shares for a large sum of money.
SMBC is now a bigger shareholder in Yes Bank.
This transaction is related to a plan to fix Yes Bank that started in 2020 with government support.
After the sale, SBI still owns part of Yes Bank.
The deal needed approval from the RBI and Competition Commission of India.
SBI divested approximately 13.18% stake in Yes Bank.
SMBC, a Japanese financial company, acquired the stake.
The sale price was Rs 8,888.97 crore.
SBI will continue to hold 10.8% of Yes Bank after the sale.
The transaction had regulatory and statutory approvals.
- Who
- State Bank of India (SBI), Sumitomo Mitsui Banking Corporation (SMBC), Yes Bank
- What
- SBI divested approximately 13.18% stake in Yes Bank to SMBC.
- When
- Ongoing
- Where
- India
- Why
- Part of the Yes Bank restructuring plan
- Seller
- State Bank of India (SBI)
- Buyer
- Sumitomo Mitsui Banking Corporation (SMBC)
- SBI Stake Sold
- 13.18%
- Sale Amount
- Rs 8,888.97 crore
- SBI Remaining Stake
- 10.8%
Sources
YES Bank stake sale: SBI gets Rs 8,889 crore as SMBC deal completes; shares up 2%
SBI completes divestment of 13.19% stake in Yes Bank to SMBC
SBI jumps 3%; completes Rs 8,889 crore stake sale in Yes Bank to Japan’s SMBC – Check complete shareholding details
SBI offloads 13.18% stake in Yes Bank to Japan's Sumitomo Mitsui Banking Corp for ₹8,889 crore; stock ends 3% higher
Sumitomo Mitsui Banking Corp to buy further 4.2% of Yes Bank from Carlyle affiliate
After SBI, SMBC To Acquire 4.2% Equity In Yes Bank From This Group - Details
Bandhan Bank sells 15.39 crore shares of YES Bank, reduces stake to 0.21%
The events leading up to State Bank of India's stake sale in Yes Bank
SMBC to buy 4.2% in YES Bank from Carlye Group
SBI sells 13.18% Yes Bank pie for Rs 8,889 cr
YES Bank shares: SMBC acquires 20% stake from SBI & others banks, stock up 33% in 6 months
The big Yes Bank divestment: From SBI, Bandhan Bank stake sale to SMBC’s bet – 5 must-know facts for investors