Yes Bank’s future could be shaped by an ongoing stake sale. The proposed ₹13,482 crore deal with Japan’s Sumitomo Mitsui Banking Corp. (SMBC) is potentially transformative. If successful, this deal would be the largest cross-border investment in Indian banking. It may also allow partial exits for current investors like .
Fitch Ratings noted, “India’s foreign investment norms cap voting rights for investors in banks at 26%, and investments by financial institutions in Indian banks at 15%, which have deterred such stake sales.”
