YES Bank Share Price Jumps Over 8% to Hit 52-Week High; 24.99% Stake Sale to SMBC Triggers Investor Optimism

Shares of YES Bank surged 8.3% to hit a 52‑week high on Friday, propelled by a series of strategic moves and investor optimism. Over the past month, the stock has climbed over 15%, while in three months it has gained nearly 21%. The rally is more dramatic over a longer horizon in six months, the stock is up more than 39% and year‑to‑date gains stand at about 22%.

Yes Bank Share Price Today

On October 10, 2025, Yes Bank Ltd's stock surged by 7.05%, gaining Rs 1.58 to trade at Rs 24.00 as of 1:43 PM IST. The stock opened the day at Rs 22.45, reached an intraday high of Rs 24.30 and dipped to a low of Rs 22.42. With this, Yes Bank touched its 52-week high of Rs 24.30, while its 52-week low stands at Rs 16.02.

What's Behind The Rally in Yes Bank Stocks?

Part of this rally stems from a recent board decision on October 7, YES Bank approved the issuance of 12,45,046 equity shares, each with a face value of Rs 2, following the exercise of stock options. This share issuance generated Rs 1,67,61,660 in fresh capital, as per the bank's regulatory filing. The infusion of equity has been viewed favorably by the market, reinforcing YES Bank's capital base.

YES Bank Board Approves Share Issuance as SMBC Set to Acquire 24.99% Stake

Meanwhile, a more consequential change in ownership is underway. Sumitomo Mitsui Banking Corporation (SMBC) of Japan recently secured RBI approval to acquire up to 24.99% of YES Bank's paid‑up share capital (or voting rights), under a plan to purchase 13.19% from SBI and 6.81% from other lenders.

Importantly, RBI clarified that SMBC will not be considered a promoter post-acquisition. The approvals are valid for one year and are contingent on compliance with relevant banking, foreign exchange, and competition regulations.

Following the regulatory green light, several banks moved to divest their stakes. Bandhan Bank sold 15.39 lakh shares at Rs 21.50 apiece to SMBC, reducing its stake from 0.70% to 0.21%. The Federal Bank also offloaded 16,62,73,472 shares at the same price.

The share transfers followed earlier divestment by SBI, which sold its 13.18% stake in YES Bank to SMBC for approximately Rs 8,889 crore, executing the largest cross‑border stake deal in India's banking sector.

SBI, which had been a key investor and rescuer in YES Bank's 2020 crisis, had originally led a consortium to stabilise the bank. Despite giving up control, SBI will continue as a shareholder in YES Bank, albeit in a reduced capacity.