Japan's Sumitomo Mitsui Banking Corporation (SMBC) will soon sell its entire 3.28 crore shares, representing a 1.65% stake, in Kotak Mahindra Bank through block deals for ₹6,000-crore, CNBC-Awaaz reported. SMBC may use the funds to buy up to 24.99% stake in Yes Bank. Under the acquisition, it'll buy 13.19% stake from SBI and an aggregate 6.81% stake from other banks.