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SBI divests 13.18% stake in Yes Bank to Sumitomo Mitsui Banking Corp for ₹8,889 crore
The Hindu·2025-09-18 01:01

The country's largest lender State Bank of India on Wednesday (September 17, 2025) announced the completion of the divestment of about 13.18% stake in Yes Bank to Sumitomo Mitsui Banking Corporation of Japan for ₹8,888.97 crore.State Bank of India (SBI) has received ₹8,888.97 crore from the acquirer Sumitomo Mitsui Banking Corporation (SMBC), a Japanese multinational financial services company belonging to the Sumitomo Mitsui Financial Group (SMFG), the bank said in a regulatory filing.SMFG is among the le ...