The highlight of Yes Bank’s Q2FY26 results is no doubt the sequential improvement in slippages. However, it is also a key quarter in terms of the changing shareholding dynamics. SMBC, or Sumitomo Mitsui Banking Corporation, has become the largest shareholder in Yes Bank with 24.99%. SBI, or State Bank of India , continues to remain a major shareholder as well.

Yes Bank: SMBC transaction details

SMBC or Sumitomo Mitsui Banking Corporation, acquired a 24.2% stake from SBI and other investor banks and CA Basque Investments (an affiliate of the Carlyle Group) and is now the largest shareholder in Yes Bank.

In August, Sumitomo Mitsui Banking Corporation got the RBI nod to buy up to 24.99% from State Bank of India and seven other shareholders. The deal was originally inked in May to buy 2

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