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Japan's SMBC completes acquisition of 20% stake in Yes Bank, becomes largest shareholder
The Economic Times·2025-09-18 16:49

With this transaction, SMBC has become Yes Bank's largest shareholder, while SBI continues to hold a significant stake of over 10 per cent. This milestone marks the largest The completion of the acquisition also includes the appointment of two SMBC nominee directors to Yes Bank's board. This move is expected to enhance governance and foster deeper strategic collaboration between the two entities. Yes Bank, in a stock exchange filing, stated that Shinichiro Nishino and Rajeev Veeravalli Kannan have been in ...