SBI sells 20% stake in Yes Bank for Rs 13,483 crore to SMBC of Japan

At a sale price of Rs 21.5 per share, SBI will earn 115% on its investment and so will other lenders including HDFC Bank (2.75% stake, down from 10% originally), ICICI Bank (2.39%, down from 10% originally), Kotak Mahindra Bank (1.21%) and Axis Bank (1.01%).