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Date: 12-may-2025 | By: Nuztrend Team
In a major development for India’s banking sector, shares of Yes Bank Ltd surged 4.6% on Monday after Japan’s Sumitomo Mitsui Banking Corporation (SMBC) confirmed it will acquire a 20% stake in the private lender. The deal, valued at approximately ₹18,000 crore ($2.2 billion), marks the largest cross-border banking transaction in Indian history.
The infusion of capital is expected to strengthen Yes Bank’s financial base, improve credit quality, and support its medium-to-long-term growth strategy. The collaboration will also give Yes Bank access to SMBC’s extensive global banking network, particularly in trade finance, digital banking, and institutional lending.
The acquisition will take place through a direct equity purchase and is expected to close in the next two quarters pending regulatory approval from the Reserve Bank of India (RBI). Once completed, SMBC will become the largest foreign stakeholder in Yes Bank, with potential board representation.
Investors responded positively to the news, viewing it as a strong vote of confidence from a major global financial institution. Many also see the deal as a turning point for Yes Bank, which had faced financial turbulence in recent years.
SMBC is Japan’s second-largest bank and part of the Sumitomo Mitsui Financial Group (SMFG), with a global presence across Asia, Europe, and the Americas. The group’s decision to invest in Yes Bank aligns with its long-term strategy to deepen its presence in emerging markets, particularly India’s fast-growing financial ecosystem.
The acquisition also highlights increasing Japan-India financial cooperation, as both nations seek to strengthen economic ties amid shifting global trade dynamics.
The deal is subject to clearance from Indian regulators including the RBI, SEBI, and the Competition Commission of India. Both parties have expressed confidence in a smooth approval process.
With fresh capital, strategic alignment, and stronger global backing, Yes Bank aims to reinforce its position in India’s competitive private banking space. Market watchers will be keeping a close eye on post-deal integration, governance, and credit performance in the quarters ahead.
I am very optimistic of yes bank because this bank is digitally very advance & SMBC is interested to enter in Indian market
Date: 12-May-2025
The Indian stock market witnessed a dramatic rally on May 12, 2025, with the Sensex jumping over 2,300 points and Nifty breaching 24,700 for the first time, driven by strong buying in pharma, banking, and defense sectors.
Date: 12-May-2025
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