$YESBANK • Japan’s SMBC (Sumitomo Mitsui Banking Corporation) has emerged as a major strategic investor in YES Bank, strengthening investor confidence and the bank’s long-term growth outlook. • The stake acquisition process and related board-level approvals have been completed, with SMBC gaining the right to nominate directors on the bank’s board. • Market sentiment remains positive as investors expect the SMBC partnership to improve YES Bank’s capital strength, governance, and future business expansion opportunities.