19 Sep 2025 | 5 Mins Read
Sumo wrestler's challenge: Can Yes Bank overcome its debts?
Flipitmoney
Sumitomo Mitsui Banking Corporation (SMBC) acquired 24.99% stake in Yes Bank, progressing at a faster pace than expected. Yes Bank has faced growth challenges, slipping from 4th to 7th position in loan assets and struggling in the retail market. SMBC now faces the challenge of turning Yes Bank's fortunes around, matching SBI's low cost of funds and generating profits to retain equity.