Overview

• YES Bank stock fell over 8% on June 3 after the lender denied involvement in media reports about SMBC’s RBI licence discussions for a wholly-owned subsidiary.
• The board approved a Rs16,000 crore capital raise, planning up to Rs7,500 crore via equity and Rs8,500 crore through debt securities in one or more tranches.
• Global investment firm Carlyle Group sold a 2.6% stake for Rs1,775 crore, cutting its holding to 4.22% through open-market transactions.
• SMBC’s agreed 20% stake purchase values YES Bank at roughly $8 billion, positioning the Japanese bank as the private lender’s largest shareholder upon closing.
• YES Bank reported a 63.3% YoY rise in Q4FY25 net profit to Rs738 crore, driven by improving asset quality and growth in advances and deposits.