Sun. Jul 20th, 2025

Sumitomo Mitsui Banking Corp, a Japanese banking giant, is awaiting the Reserve Bank of India’s (RBI) approval to acquire a 25% stake in Yes Bank, a private sector lender in India. The bank has been in talks with Yes Bank for several months and has expressed its interest in acquiring a significant stake in the Indian lender. The proposed investment is expected to help Yes Bank raise capital and improve its financial health. Yes Bank has been facing challenges in recent times, including a decline in its stock price and a rise in its non-performing assets. The bank has been looking to raise capital to meet the regulatory requirements and to support its business growth. Sumitomo Mitsui Banking Corp’s investment in Yes Bank is expected to be a significant development in the Indian banking sector. The Japanese bank has a strong presence in Asia and has been looking to expand its operations in India. The investment in Yes Bank is expected to help Sumitomo Mitsui Banking Corp to increase its footprint in the Indian market. Yes Bank, on the other hand, is expected to benefit from the investment by gaining access to Sumitomo Mitsui Banking Corp’s global network and expertise. The RBI’s approval is crucial for the deal to go through, and Sumitomo Mitsui Banking Corp is waiting for the regulator’s nod before proceeding with the investment. The deal is expected to be completed in the next few months, subject to the RBI’s approval. The investment in Yes Bank is expected to be a significant development in the Indian banking sector, and it is expected to have a positive impact on the bank’s stock price. Yes Bank’s stock price has been under pressure in recent times, and the investment by Sumitomo Mitsui Banking Corp is expected to help the bank’s stock price to recover. The deal is also expected to have a positive impact on the Indian economy, as it is expected to help to increase the flow of foreign investment into the country. The RBI’s approval is expected to be based on the bank’s financial health and its ability to meet the regulatory requirements. The regulator is expected to scrutinize the deal carefully before giving its approval. The investment in Yes Bank is expected to be a significant development in the Indian banking sector, and it is expected to have a positive impact on the bank’s financial health and its ability to meet the regulatory requirements.

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