{"id":9972,"date":"2025-09-03T06:18:02","date_gmt":"2025-09-03T06:18:02","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/03\/yes-bank-rises-2-after-cci-nod-for-sumitomo-mitsuis-25-stake-buy-markets-news\/"},"modified":"2025-09-03T06:18:02","modified_gmt":"2025-09-03T06:18:02","slug":"yes-bank-rises-2-after-cci-nod-for-sumitomo-mitsuis-25-stake-buy-markets-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/03\/yes-bank-rises-2-after-cci-nod-for-sumitomo-mitsuis-25-stake-buy-markets-news\/","title":{"rendered":"Yes Bank Rises 2% After CCI Nod For Sumitomo Mitsui\u2019s 25% Stake Buy | Markets News"},"content":{"rendered":"


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Yes Bank shares rose after the CCI approved Sumitomo Mitsui Banking Corporation\u2019s plan to acquire up to a 25% stake in the lender.<\/h2>\n
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Yes Bank SMBC Deal <\/p>\n<\/figure>\n

Yes Bank Shares Rise: <\/strong>Shares of Yes Bank gained 2 per cent to Rs 20 on September 3 after the Competition Commission of India (CCI) approved Japan\u2019s Sumitomo Mitsui Banking Corporation\u2019s (SMBC) plan to acquire up to 24.99 percent in the private sector lender.<\/p>\n

In its release, the CCI confirmed that the deal \u201crelates to the acquisition of share capital and voting rights of Yes Bank by Sumitomo Mitsui Banking Corporation.” SMBC, a wholly-owned subsidiary of Sumitomo Mitsui Financial Group (SMFG), is Japan\u2019s second-largest banking group with total assets of around $2 trillion as of December 2024 and a significant global footprint.<\/p>\n

This clearance follows the Reserve Bank of India\u2019s (RBI) approval last month for SMBC\u2019s proposal to pick up nearly a quarter of Yes Bank\u2019s equity. The transaction originates from Yes Bank\u2019s May 9, 2025, announcement that SMBC would acquire a 20 per cent stake via a secondary purchase. The deal involves buying 13.19 percent from the State Bank of India (SBI) and 6.81 per cent collectively from seven other lenders, including Axis Bank, ICICI Bank, HDFC Bank, Kotak Mahindra Bank, Bandhan Bank, Federal Bank, and IDFC First Bank.<\/p>\n

Once completed, the transaction will make SMBC the single-largest shareholder in Yes Bank, marking a significant milestone in the bank\u2019s turnaround journey following its restructuring in recent years. Market participants see the entry of a global player like SMBC as a boost to Yes Bank\u2019s capital strength and credibility.<\/p>\n

In a separate development, the RBI has cleared the reappointment of Rama Subramaniam Gandhi as part-time Chairman of Yes Bank. Gandhi, a veteran central banker with 37 years of experience, previously served as RBI Deputy Governor between 2014 and 2017. His new tenure will run from September 20, 2025, to May 13, 2027.<\/p>\n

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Aparna Deb<\/a><\/p>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

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Last Updated:September 03, 2025, 11:39 IST Yes Bank shares rose after the CCI approved Sumitomo Mitsui Banking Corporation\u2019s plan to acquire up to a 25% stake in the lender. Yes Bank SMBC Deal Yes Bank Shares Rise: Shares of Yes Bank gained 2 per cent to Rs 20 on September 3 after the Competition Commission…<\/p>\n","protected":false},"author":1,"featured_media":7645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-9972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/9972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=9972"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/9972\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/7645"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=9972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=9972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=9972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}