> ## Content Index
> Fetch the complete content index at: https://www.theglobalbanker.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# SMBC Japan Signs Agreement to Acquire 20% Stake in India's Yes Bank for USD 1.57 Billion
- URL: https://www.theglobalbanker.com/smbc-japan-acquires-20-percent-stake-yes-bank-india-usd-1-57-billion/
- Published: 2025-05-09T17:10:00.000Z
- Updated: 2026-10-02T14:35:39.000Z
- Description: Japan's SMBC has signed an agreement to acquire a 20% stake in Yes Bank from SBI and consortium partners in what was described as the largest cross-border investment in Indian banking.
- Author: TGB Editorial Team
- Tags: M&A, Asia-Pacific, #archive

Sumitomo Mitsui Banking Corporation has signed an agreement to acquire a 20% stake in India's Yes Bank in a transaction valued at USD 1.57 billion, equivalent to approximately Rs 134.8 billion. The deal, announced in May 2025, is structured as a purchase of shares from the State Bank of India and a group of other institutional sellers that have held positions in Yes Bank since its government-orchestrated rescue in 2020, when the lender faced severe capital and governance difficulties.

SMBC will acquire 13.19% of Yes Bank's shares directly from SBI, with the remaining 6.81% sourced from other members of the consortium that participated in the original restructuring. The transaction is described as the largest cross-border investment in the Indian banking sector.

#### STRUCTURE OF THE TRANSACTION

The deal gives SMBC a minority position in a bank that has since returned to profitability. Yes Bank operates a nationwide retail and corporate banking network in India. 

SBI will retain a stake of about 10.8% in Yes Bank after the sale.

The transaction is subject to regulatory approvals, including from the Reserve Bank of India, before it can be completed.