Yes Bank rises on ₹16,000 cr SMBC infusion, 20% stake buy
Yes Bank ($YESBANK.NSE) gained 4.4% after reports said Japan's Sumitomo Mitsui Banking Corp (SMBC) will infuse ₹16,000 crore via equity and low-cost yen bonds, strengthening the lender's balance sheet. This comes in addition to ₹13,500 crore already committed for a 20% stake purchase from SBI and others. Stocktwits chatter turned 'bullish,' with Yes Bank trending among top 3 stocks.