SBI reduces stake in Yes Bank, offloads 13.18% to Sumitomo Mitsui

State Bank of India (SBI) has disclosed a substantial reduction in its equity stake in Yes Bank Limited. On September 17, 2025, SBI sold 4,13,44,04,897 equity shares of Yes Bank, representing 13.18% of the company's equity share capital, to Sumitomo Mitsui Banking Corporation via an off-market transfer.

Prior to this transaction, SBI held 7,51,66,66,000 equity shares, accounting for 23.96% of Yes Bank’s total share capital. Following the sale, SBI’s holding in Yes Bank now stands at 3,38,22,61,103 equity shares, equating to 10.78% of the equity share capital. The total diluted share/voting capital of Yes Bank after the sale is Rs. 63,50,61,43,810, comprising 31,75,30,71,905 equity shares of Rs. 2/- each.