SMBC Gets RBI Nod to Acquire 24.99% Stake in Yes Bank, to Join Board with 2 Seats

Last Updated On August 24, 2025 8:45 PMby Ananya

SMBC Yes Bank Deal : Japanese lender SMBC gets RBI approval to acquire up to 24.99% in Yes Bank, marking the largest cross-border investment in India’s banking sector; SBI, other banks to sell shares.

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