Yes Bank share price jumps 5% after RBI approves SMBC stake acquisition.

Yes Bank share price rallied as much as 5 per cent to ₹20 in Monday's trading session after the Reserve Bank of India (RBI) granted approval to Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99 per cent of the private lender’s paid-up share capital and voting rights. Yes Bank shares remained volatile in last one year. The private lender stock has gained over 3 per cent in last five trading sessions and 11 per cent in six months, however, has descended nearly 18 per cent in one year.