Sumitomo mitsui yes bank: YES Bank stake sale

YES Bank stake sale gain leads SBI Q2 PAT to rise 10% In September, SBI divested its 13.18% stake in Yes Bank to Sumitomo Mitsui Banking Corp (SMBC) for ₹8,889 crore The Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation's (SMBC) plan to acquire up to 24.99% stake in Yes Bank . Completion of initial acquisition of stake in YES BANK and execution of agreement for additional stake Sumitomo Mitsui Financial Group, Inc. (President & Group CEO: Toru Nakashima, hereinafter, collectively with its subsidiaries, referred to as "SMBC Group") and Sumitomo Mitsui Banking Corporation (President and CEO: Akihiro Fukutome, hereinafter referred to as "SMBC") announced that, further to the news release dated May 9th, 2025 that SMBC had entered into a definitive agreement to acquire ... Acquisition of Shares in YES BANK Limited Sumitomo Mitsui Financial Group, Inc. (President & Group CEO: Toru Nakashima, hereinafter referred to as the "SMBC Group") and Sumitomo Mitsui Banking Corporation (President and CEO: Akihiro Fukutome, hereinafter "SMBC") announced that SMBC has reached an agreement with State Bank of India (Chairman: Challa Sreenivasulu Setty, hereinafter referred to as "SBI"), the state-owned bank of the Republic of India (herein after referred to as "India") and ...