Yes Bank Share Price Rallies 9% After SMBC’s ₹13,483 Cr. Deal for 20% Stake: Check More

Yes Bank shares gain investors’ attention again as SBI and 7 other banks will sell their 20% stake to SMBC (Sumitomo Mitsui Banking Corporation). Yes Bank share price soared 9% at the opening bell today on 12th May 2025. Yes Bank's share had made an intra-day high of ₹21.70 and a low of ₹20.30 per share. Explore the key highlights of the SMBC deal in Yes Bank. 

SMBC Deal in Yes Bank: Key Highlights

SMBC (Sumitomo Mitsui Banking Corporation) agreed to acquire a 20% stake in Yes Bank. It would be one of the largest cross-border investments in the Indian banking sector. Moreover, the SMBC deal in Yes Bank is subject to the essential regulatory requirements and statutory approvals, including those from the Reserve Bank of India and the Competition Commission of India. 

SMBC will acquire a 20% stake in Yes Bank through a secondary stake purchase of 13.19% from SBI and 6.81% from other banks. The total worth of this stake will be ₹13,483 crore, and the acquisition price is prescribed to be ₹21.50 per share. Other banks selling their stake include HDFC Bank, ICICI Bank, IDFC First Bank, Bandhan Bank, Axis Bank, Federal Bank, and Kotak Mahindra Bank. 

These banks invested in Yes Bank during its reconstruction phase in 2020. SMBC’s 20% stake deal is significant as it exceeds the typical threshold allowed for foreign banks. 

Yes Bank Share Performance

On 12th May, Yes Bank share price traded 2.00% or ₹0.40 to reach ₹20.42. However, the shares have rallied 9% on the same day at the opening bell to make an intraday high of ₹21.70 per share. Yes Bank share price made a 52-week high of ₹27.44 and a 52-week low of ₹16.02 per share. The P/E ratio of Yes Bank shares is 26.27. 

Final Thoughts

Yes Bank share price rallies 9% at the opening bell today on 12th May 2025. The rally is wholly attributable to SMBC’s announcement of acquiring a 20% stake in Yes Bank from SBI, HDFC, IDFC, Federal Bank, and more. Moreover, SMBC’s deal is subject to the approval of regulatory requirements and statutory approvals. Analysts give positive ratings for the Yes Bank share price in the near-term and long-term because of SBMC’s high investment. 

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Disclaimer: Investment in the share market is subject to risk. This news article is for informational purposes only. Conduct your own research before investing in shares and other securities. 

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