YES Bank Shares Down Over 14% in 10 Sessions, Stock Slips Today; RBI’s Extension of CEO Prashant Kumar Tenure

NSE: YESBANK : Shares of Private lender Yes Bank Ltd continued their downward trajectory this week on Friday, trading at Rs 20.25, reflecting a decline of Rs 0.79 or 3.75% over the past five trading sessions. This decline pushed the bank's total market capitalization to below Rs 63,000 crore.

YES Bank Share Price Today

As of 10:49 AM on June 13, shares of Yes Bank Ltd were trading at Rs 20.26, down 0.16 points or 0.78% from the previous close. The stock opened the day at Rs 20.00 and touched an intraday high of Rs 20.29, while the low stood at Rs 19.92.

Over the past year, Yes Bank's share price has seen a 52-week high of Rs 27.44 and a 52-week low of Rs 16.02, reflecting the volatility and investor sentiment around the stock in recent months.

The stock had closed at Rs 20.42 in the previous session on Thursday. Over the last 10 trading sessions, YES Bank shares have declined by more than 14%, dropping from Rs 23.27 on June 2 to the current level.

RBI Extends Prashant Kumar's Tenure as YES Bank MD & CEO

Amid the stock decline, the Reserve Bank of India (RBI) has extended the tenure of Prashant Kumar as the Managing Director and Chief Executive Officer of YES Bank. The bank announced the RBI's decision via an official exchange filing. Prashant Kumar has played a pivotal role in steering the bank through a critical phase, and his continued leadership is seen as an attempt to ensure stability during its strategic transition.

Major Stake Sale to SMBC Involving SBI, HDFC Bank, and ICICI Bank

In May 2025, YES Bank revealed a significant 20% stake sale to Japan's Sumitomo Mitsui Banking Corporation (SMBC). This transaction involves State Bank of India (SBI) along with seven private sector banks, including HDFC Bank and ICICI Bank. The deal includes the sale of over 413 crore shares, generating approximately Rs 13,482 crore, priced at Rs 21.50 per share. The strategic investment is expected to strengthen YES Bank's capital base and enhance its international partnerships.

The downward pressure on YES Bank's share price has also been attributed to a recent 2.62% stake reduction by CA Basque Investments through open market transactions. This move has potentially shaken investor confidence, contributing to the ongoing decline in the stock's performance.

Yes Bank Capital Raising Plans: Rs 16,000 Crore via Equity and Debt

YES Bank has disclosed its intention to raise up to Rs 16,000 crore through a combination of equity and debt instruments. The capital infusion aims to support the bank's future growth plans, improve its balance sheet, and enhance lending capacity.

Clarification on SMBC's RBI Approval Rumors

Addressing recent media reports, YES Bank issued a clarification regarding speculation that SMBC was in discussions with the RBI to operate a wholly-owned subsidiary in India. The bank stated that it is not privy to any such discussions and has no information pertaining to the matters mentioned in those reports.