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Japan's SMBC to Invest Big in YES Bank!

10 May, 2025

In a landmark move, Japan's Sumitomo Mitsui Banking Corporation (SMBC) is set to acquire a 20% stake in YES Bank for approximately Rs 13,483 crore. This deal marks the largest cross-border investment in India's banking sector, showcasing confidence in the country's financial stability. YES Bank faced a crisis in 2020, leading to a moratorium and intervention by the Reserve Bank of India (RBI). With SBI retaining over 10% stake, this investment is expected to aid YES Bank's growth and profitability. SMBC aims to leverage its global expertise to support YES Bank's transformation and capitalize on India's booming economy.

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