{"id":13964,"date":"2025-08-23T19:32:53","date_gmt":"2025-08-23T14:02:53","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=13964"},"modified":"2025-08-23T19:46:43","modified_gmt":"2025-08-23T14:16:43","slug":"rbi-approves-smbc-stake-in-yes-bank","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/rbi-approves-smbc-stake-in-yes-bank\/","title":{"rendered":"RBI Approves SMBC\u2019s Major Stake Purchase in Yes Bank"},"content":{"rendered":"

The Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99% stake in Yes Bank, marking a significant step in the bank\u2019s restructuring journey.<\/p>\n

In its letter dated August 22, 2025, RBI granted approval valid for one year. Importantly, the regulator clarified that SMBC will not be classified as a promoter of Yes Bank after the stake acquisition.<\/p>\n

Deal Structure and Participants<\/h2>\n

The stake deal, first announced on May 9, 2025, involves SMBC acquiring 20% through a secondary transaction. This includes 13.19% from State Bank of India (SBI) and 6.81% combined from seven other lenders \u2014 Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank, ICICI Bank, IDFC First Bank, and Kotak Mahindra Bank.<\/p>\n

Also Read: India Post Suspends US Postal Bookings After Revised US Duty Rules<\/a><\/p>\n

Regulatory Framework and Conditions<\/h3>\n

The approval is subject to compliance with the Banking Regulation Act, 1949, RBI\u2019s Master Directions, the Foreign Exchange Management Act (FEMA), 1999, and other applicable laws. RBI also imposed conditions such as lock-in requirements, with subsequent transactions subject to its decision. The deal still requires clearance from the Competition Commission of India (CCI) before it is completed.<\/p>\n

Market Insights<\/h3>\n

Yes Bank shares closed at \u20b919.28 on Friday, down 0.77%, though the stock has gained nearly 8% in the past six months, reflecting improving investor sentiment. Market experts believe RBI\u2019s approval signals confidence in the bank\u2019s stability, even as regulatory hurdles remain before the deal is finalized.<\/p>\n

Click here to explore:\u00a0NiftyTrader<\/a><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

The Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99% stake in Yes Bank, marking a significant step in the bank\u2019s restructuring journey. In its letter dated August 22, 2025, RBI granted approval valid for one year. Importantly, the regulator clarified that SMBC will not be classified […]<\/p>\n","protected":false},"author":7,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1370,615],"tags":[],"ppma_author":[1384],"class_list":{"0":"post-13964","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-economy-blog","8":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1384,"user_id":7,"is_guest":0,"slug":"jitesh-kanwariya","display_name":"Jitesh Kanwariya","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=13964"}],"version-history":[{"count":3,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13964\/revisions"}],"predecessor-version":[{"id":13978,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13964\/revisions\/13978"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/13965"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=13964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=13964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=13964"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=13964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}