State Bank of India (SBI) has divested a 13.18% stake in YES Bank Limited, equivalent to 413,44,04,897 equity shares. This sale was executed via an off-market transfer to Sumitomo Mitsui Banking Corporation. Following this transaction, SBI’s holding in YES Bank now stands at 10.78% of the equity share capital. The transaction was completed on September 17, 2025.
Stake Divestment in YES Bank
State Bank of India (SBI) has reduced its stake in YES Bank Limited through an off-market transaction. The sale involved 413,44,04,897 equity shares, representing 13.18% of YES Bank’s equity share capital. This was confirmed in a filing dated September 18, 2025.
Details of the Transaction
The shares were sold to Sumitomo Mitsui Banking Corporation via an off-market transfer completed on September 17, 2025.
Revised Shareholding
Following the sale, SBI’s holding in YES Bank has decreased from 23.96% to 10.78%. The remaining shares held by SBI amount to 338,22,61,103 equity shares.
Source: BSE
