Yes Bank Shares: Private Sector Lander Yes Bank shares showed a strong rise today and it jumped more than 4%. This boom has come due to a media report in which it has been revealed that SMBC is preparing to invest ₹ 16 thousand crore ($ 183 crore) in Yes Bank. This investment will be combined with equity and date. The proposed investment of Japanese, SMBC’s proposed investment aims to strengthen the balance sheet of Yes Bank and is considered the first sign towards gaining ownership of Yes Bank. Talking about shares, it is currently a 3.91% gains at ₹ 19.42 on BSE. It jumped 4.07% to ₹ 19.45 in intra-day.
What is SMBC’s plan about Yes Bank?
According to media reports, SMBC plans have invested ₹ 16 thousand crore with ₹ 7500 equity investment and will come to the bank through ₹ 8500 date. This is an addition to ₹ 13500 crore from which SMBC has planned to buy 20% stake from other investors of Yes Bank including SBI. Out of SMBC’s investment, ₹ 16000 crore will be seen in the book of Yes Bank, while ₹ 13500 crore will be directly available to those shareholders of the bank who will sell it shares.
As a date funding of ₹ 8,500 crore, SMBC will choose the dominated bonds of yen which costs less than 2% to reduce the cost. At the same time, an equity investment of ₹ 7500 crore to increase the capital of the bank will come through foreign currency convertible bonds (FCCBS). Last week, Yes Bank said that the RBI had approved Sumitomo Mitsui Banking Corporation (SMBC) of Japan to buy a stake in the bank up to 24.99%. Earlier, Yes Bank had revealed in May that SMBC has proposed to purchase a 20 percent stake in the bank by purchasing 13.19% from SBI and a 20 percent stake in the bank by purchasing a 6.81% stake from Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank, ICICI Bank, IDFC First Bank and Kotak Mahindra Bank.
How is health?
The first quarter of the current financial year 2025-26, in April 2025, the net profit of Yes Bank jumped 59.4% to ₹ 801 crore on an annual basis. During this period, the bank’s net interest income (NII) rose 5.7% to ₹ 2,371.5 crore. Now in a year, when we talk about the move of shares, Yes Bank shares were at ₹ 24.40 on 11 September 2024 last year, which is one year record high for its shares. From this high, it slipped 34.34% in six months to ₹ 16.02 on 12 March 2025, which is a one -year record low for its shares.
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