Why Yes Bank shares are surging: Explained : June 02, 2025

Why Yes Bank shares are surging: Explained : June02, 2025

The price of Yes Bank’s stock has experienced a robust surge, climbing more than 30% in the last month and 18% year-to-date. Over the previous six months, the stock has increased by 15%, and over the past year, it has been unchanged. Nonetheless, the stock price of Yes Bank has increased by 41% over the last two years.

On Monday, June 2, the price of Yes Bank’s shares surged significantly, rising more than 8% during intraday trading and maintaining its upward trend for a third straight day. On the BSE,Yes Bank shares increased by as much as 8.61% to ₹23.32 per.

In a regulatory filing on May 28,Yes Bank stated that “this is to inform that the Board of Directors of YES Bank Limited is scheduled to meet on Tuesday,June 03, 2025,among other things, to consider raising funds by way of issuance of equity shares, debt securities,and/or any other eligible securities (convertible/non-convertible) through permissible modes,including but not limited to a private placement,preferential issue,or any other method or combination of methods, subject to such approvals as may be required.”

Additionally, Yes Bank announced that its insider and designated person trading window will be suspended from May 29 until two days following the stock exchanges’ disclosure of the board meeting’s decision.

SMBC-Yes Bank Agreement :
The recent revelation that Japan’s Sumitomo Mitsui Banking Corporation (SMBC) intends to purchase a 20% share in Yes Bank from the consortium led by the State Bank of India has further improved investor optimism. At ₹13,483 crore,the Yes Bank-SMBC transaction is the biggest foreign investment in India’s banking industry. After all is finished,SMBC will own the largest stake in the private lender.

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Five years after a group of domestic banks led by SBI saved Yes Bank,the strategic investment was made.

Yes Bank’s Trend in Share Prices :
The price of Yes Bank’s stock has experienced a robust surge, jumping more than 30% in the last month and 18% so far this year. Over the previous six months, the stock has increased by 15%, and over the past year, it has been unchanged. Nonetheless, the stock price of Yes Bank has increased by 41% over the last two years.

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