As of late 2025, Japan's Sumitomo Mitsui Banking Corporation (SMBC) is the largest shareholder in Yes Bank with a 24.2%–24.99% stake, following a significant acquisition of shares from the State Bank of India (SBI) and other investors. The Financial Express
The proposed combination relates to the acquisition of share capital and votingrights of YES Bank by Sumitomo Mitsui Banking Corporation (SMBC). SMBC, a Japan-based commercial bank, is a wholly-owned subsidiary and a core operating entity of Sumitomo Mitsui Financial Group.
On a sequential basis, its net profit declined 4% from ₹3,246 crore in the previous quarter. The decline in profit came on account of the implementation of new labour codes.
Whether Yes Bank is a "good buy" depends on your investment strategy, with recent analyst views split between 'Hold'/'Neutral' due to valuation concerns and potential upside from improved fundamentals (profit growth, asset quality). Positive signs include strong Q3 profit, better asset quality (NPAs), and a strategic shift to retail lending, while challenges involve sub-par growth in some areas and intense competition, suggesting potential for long-term recovery but caution for short-term gains.
Japan's SMBC completes acquisition of 20% stake in Yes Bank, becomes largest shareholder. Sumitomo Mitsui Banking Corporation (SMBC) has finalized its acquisition of a 20% stake in Yes Bank, becoming its largest shareholder.
Secure Banking. At YES BANK, we are committed to protecting our customers' financial assets by providing information on how to avoid falling victim to online scams. If you notice any unusual activity on your YES BANK account, please contact us immediately at [email protected] or our 24/7 Contact Center at 1800 1200.
The RBI cited Yes Bank's failures to raise new funding to cover its non-performing assets, inaccurate statements of confidence in its ability to receive new funding, and its underreporting of its non-performing assets, among other factors, as the reasons for the moratorium.
As of 2023, Yes Bank has made significant progress in cleaning up its assets, with the NPA ratio showing a steady decline. If this trend continues, the bank is expected to report better profitability, which could lead to an increase in its stock price by 2025.
Founded in 2004, Yes Bank quickly expanded its operations, positioning itself as one of India's leading private sector banks. However, aggressive lending practices, exposure to high-risk borrowers, and governance lapses led to financial instability.
According to Yes Bank 's latest financial reports the company's total debt is €6.72 Billion. A company's total debt is the sum of all current and non-current debts.
Yes Bank recovery is in progress, but it is not yet complete. According to analysts, Yes Bank is taking steps in the right direction to drive potential growth, and its move to enter a strong strategic partner like SMBC is seen as a positive development that will lead Yes Bank towards long-term growth and stability.
As of March 2024, SBI held 23.97% stake in Yes Bank. SBI became the largest shareholder of Yes Bank in March 2020 under the Yes Bank reconstruction scheme 2020 notified by the government after the private sector lender went belly up with bad loans and other issue.
SMBC in May had inked a deal to take a 20% stake in Yes Bank for $1.6 billion, making it the largest cross-border merger and acquisition deal in India's financial sector.
Yes Bank's top defaulters include Anil Ambani's Reliance Group, Essel Group, Omkar Realtors and Radius Developers (see graphic). Of the large defaulters, there have already been recoveries in DHFL.
From bad loans to financial adventurism to Modi government's mishandling of the economy along with the negligence on the part of the RBI are the reasons that led to the collapse of the Yes bank – the fourth largest private bank of India.
By 2030, Yes Bank is expected to become a more stable and competitive private sector bank with a balanced mix of retail and corporate businesses. The bank can benefit from long-term economic growth, increasing digital adoption, and growing financial inclusion across India.
Following a model initiated by the 2008 United Kingdom bank rescue package, the governments of European nations and the United States guaranteed the debt issued by their banks and raised the capital of their national banking systems, ultimately purchasing $1.5 trillion newly issued preferred stock in major banks.
Selecting a trustworthy bank requires careful consideration of its stability, security, customer service, interest rates, and benefits. YES BANK stands out with its customer-friendly savings accounts, exciting rewards, and additional perks.
