Yes Bank Share Price Today: Stock surges 9% on Japan’s SMBC Rs 13,483 crore stake buy from SBI, others
Mumbai: Yes Bank Share Price Today: Shares of Yes Bank surged nearly 9 per cent on Monday, i.e. on May 12, 2025, after Japan’s Sumitomo Mitsui Banking Corporation (SMBC) announced to acquire a 20 per cent stake in the lender from a State Bank of India-led consortium. The counter opened in the green today at Rs 21.56 on the BSE and gained further to touch the intraday high of Rs 21.74 – a gain of 8.7 per cent from the previous close of Rs 20. Last seen, it was trading at Rs 20.42. On the NSE, the counter started the session at Rs 21.70 and last seen it was trading at Rs 20.44.
The 52-week high and low of the stock are Rs 27.41 and Rs 16.02 on the BSE. The market cap of the company is Rs 64,092.02.
Yes Bank’s Deal With Japan’s SMBC
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has announced plans to acquire a 20 per cent stake in the Mumbai-based bank. As per the agreement, it will buy a 13.19 per cent stake from the State Bank of India (SBI) for a consideration of Rs 8,889 crore. The remaining 6.81 per cent shareholding will be offloaded by seven other lenders. These banks include HDFC Bank, Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank, ICICI Bank, IDFC First Bank and Kotak Mahindra Bank. The total value of the shares offloaded by these banks is Rs 4,594 crore.
SBI and the seven investor lenders had invested in the bank as part of the YES Bank Reconstruction Scheme in March 2020.
The share sale is proposed to take place at a price of Rs 21.50 per equity share, it said.
SMBC To Be The Single Largest Shareholder In Yes Bank
Following the completion of the transactions. SMBC will become the single largest shareholder of Yes Bank. At present, PSU bank SBI holds a 24 per cent stake in Yes Bank. Post this completion, it will be left with a little over 10 per cent.
SBI Share Price History
Meanwhile, the stock of SBI has also gained. The counter started the session at Rs 799.85 against the previous close of Rs 779.40 on the BSE. It gained further to touch the high of Rs 802. Last seen, it was trading at Rs 797.30 – a gain of 2.30 per cent from the previous close.
