“From ‘Yes, we failed’ to ‘Yes, we’re back!’—is this the redemption arc of Yes Bank or the pilot episode of ‘Bank Thrones’?!”
May 8, 2025 | By EduInvesting.in’s Rumour Department
Once the poster child of “how not to run a bank”, Yes Bank is back in headlines—but this time for the right reasons. The stock surged 10% today, leaving Twitter economists scrambling and Telegram tipsters shouting “Buy, bhai, buy!”
So, what happened? Why did Yes Bank suddenly get a love letter from Dalal Street? Well, turns out Sumitomo Mitsui Banking Corporation (SMBC)—yes, the giant Japanese bank with a name longer than your average Bollywood title—is reportedly eyeing a controlling 51% stake in Yes Bank.
Hold on. 51%? Isn’t that majority? Indeed. It’s not just a date—it’s an arranged financial marriage.
📦 The Deal That Rocked the Bank
🏯 From Tokyo With Love
SMBC is one of Japan’s largest banking institutions, with assets over $2.3 trillion (yes, with a T). Now, according to reports, the Reserve Bank of India (RBI) has given its blessing for SMBC to begin its journey towards acquiring 51% in Yes Bank. But don’t get excited just yet—it’s a gradual process.
The Japanese bank is expected to:
- Start with less than 26% stake
- Eventually go up to 51%
- Voting rights
- will remain capped at 26%, courtesy of Indian regulations
Yes, even when you buy the car, you don’t get to steer it fully.
📊 The Stock Market’s Reaction: Cue Fireworks
- Yes Bank stock rallied nearly 10% today
- Hit an intraday high of ₹19.99
- Nearly reached the upper circuit (that’s like a stock’s version of “Too much happiness, please stop.”)
- Trading volume exploded, with more than 120 million shares changing hands before lunch
Nifty PSU Bank index looked like it had extra protein in breakfast—led by Yes Bank, of course.
📉 A Look Back: When Yes Bank Was a Mess
Here’s a throwback nobody asked for:
| 🗓 Year | 🏦 What Happened |
|---|---|
| 2018 | Yes Bank was soaring high under founder Rana Kapoor |
| 2019 | RBI said “not so fast” and booted Kapoor |
| 2020 | Yes Bank basically became a horror show. Stock crashed to ₹5, panic ensued |
| 2020 | SBI and a consortium of banks came in as saviours |
| 2022–2024 | A long, slow, boring recovery with hints of drama (yes, like a Doordarshan serial) |
