YES Bank Shares Surge 9% Following Sumitomo Mitsui Banking Corporation’s Stake Acquisition
Shares of YES Bank jumped 9% on May 12, 2025, after Japan’s Sumitomo Mitsui Banking Corporation (SMBC) announced its decision to acquire a 20% stake in the private lender for ₹13,482 crore. The deal, which involves State Bank of India (SBI) and seven private banks divesting their shares, has significantly boosted investor confidence in YES…
