17 Nov 2025 | 3 Mins Read
SMBC may boost stake in Yes Bank despite initial reluctance
Flipitmoney
Yes Bank's share price jumped 3% to ₹23.30 apiece after Sumitomo Mitsui Banking Corporation (SMBC) expressed openness to buying more stake, up to 24.99%. SMBC's head, Rajeev Kannan, stated the company would consider opportunities to grow beyond 24.99% stake if they are credible and regulatory approvals are met.