Yes Bank share price to be in focus on Monday; here’s why
Yes Bank shares will be in focus of the stock market investors on Monday, 25 August 2025, after the institutional lender announced that the banking regulator, Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation (SMBC) to acquire nearly 25% stake in the bank through secondary share purchase.
“We are pleased to inform that SMBC has received the approval of the Reserve Bank of India to acquire up to 24.99% of the paid-up share capital/ voting rights of the Bank vide letter dated August 22, 2025,” the company informed BSE through the filing.
The RBI approval will be valid for a one-year period from the date of the announcement. After the acquisition move, SMBC will not be treated as a promoter of the company, as per…
