Yes Bank shares in focus as SBI sells 13.18% stake to Japan’s SMBC
The Economic Times·2025-09-18 03:23
Core Viewpoint - State Bank of India has divested a 13.18% stake in Yes Bank to Japan's SMBC, representing the largest cross-border banking divestment in India [1] Group 1: Transaction Details - SMBC plans to increase its holding in Yes Bank to just under 25% [1] - SMBC will nominate two directors to Yes Bank's board following the stake acquisition [1]