17 Sep 2025 | 5 Mins Read
SBI shares bounce on completion of Yes Bank stake sale
Flipitmoney
SBI shares gained as the PSU lender completed a 13.18% stake sale in Yes Bank to SMBC. The deal marks the largest cross-border investment in the Indian banking sector. SBI retains 10.8% in Yes Bank, while SMBC becomes the single-largest shareholder. The transaction received regulatory approvals and was facilitated by the RBI and GoI, with SBI Chairman hailing it as a success.