Cryptocurrency

Yes Bank Stocks & Share Price Live: Shares tumble 10%, clarifies on SMBC stake acquisition

FILE PHOTO: A private security guard stands outside a branch of Yes Bank in New Delhi, India, August 30, 2024. REUTERS/Ainnie Arif/File Photo
| Photo Credit:
AINNIE ARIF

Yes Bank Stocks Today, Yes Bank Share Price Live Updates June 3, 2025: Yes Bank shares tumbled 10% in early trade on Tuesday. The bank has issued clarification pertaining to report “Sumitomo Mitsui Banking Corporation (SMBC) to seek RBI Yes for licence to operate wholly owned arm– Move Seen As Part of A Plan To Acquire Controlling Stake in Yes Bank”.

The bank said that it is not privy to discussions in relation to matters stated in the article. “Further, references to the Bank having ‘road map’ discussions with the RBI are factually incorrect.”

In addition, the bank is said to consider fundraising at its board meeting today.

Stock market live updates: Morning Market | Sensex, Nifty trade lower; Eternal, M&M, Hindalco lead gainers, Adani Group stocks decline

Equity benchmark indices traded lower in early trade. Market experts believe that the markets willremain volatile due to uncertainty in geopolitics, tariffs and trade. After a positive opening in early trade with a 400 points uptick, Sensex fell 227.75 points or 0.28 per cent to 81,146 as at 9.37 am, and Nifty 50 dipped 33.45 points or 0.14 per cent to 24,683.15.

On the domestic front, investors will watch out for the upcoming RBI monetary policy.

The Nifty smallcap 100 rose 0.62 per cent, while the midcap 100 was up 0.35 per cent. Volatility index was flat at 17.26.

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Sensex, Nifty trade lower, Eternal, M&M, Hindalco lead gainers, Adani Group stocks decline

Equity indices fall due to geopolitical uncertainty, while experts predict continued volatility; RBI policy and US-China talks in focus.

  • 10:26 | June 3, 2025

    YES BANK: BANK CLARIFIES ON NEWS ITEM OF SUMITOMO MITSUI STAKE ACQUISITION PLANS, BANK SAYS BANK IS NOT PRIVY TO DISCUSSIONS IN RELATION TO MATTERS STATED IN THE ARTICLE (NEUTRAL FPR YES BANK)

  • 10:25 | June 3, 2025

    Yes Bank share price live today: Shares down 10% 

    Shares of Yes Bank tumbled 10% to ₹21.05 on the BSE. As at 10.22 am, it traded 8.34% lower on the BSE at ₹21.33.

    Screenshot 2025-06-03 102322.png

    The bank has issued clarification pertaining to report “Sumitomo Mitsui Banking Corporation (SMBC) to seek RBI Yes for licence to operate wholly owned arm– Move Seen As Part of A Plan To Acquire Controlling Stake in Yes Bank”.

    The bank said that it is not privy to discussions in relation to matters stated in the article. “Further, references to the Bank having ‘road map’ discussions with the RBI are factually incorrect.”

    In addition, the bank is said to consider fundraising at its board meeting today.

Published on June 3, 2025

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