Bandhan Bank has significantly reduced its stake in YES Bank, cutting its holding from 0.70% to 0.21% by selling 15,39,34,975 shares at ₹21.50 each, raising approximately ₹331 crore. This move is part of a broader trend among Indian banks, including State Bank of India and Federal Bank, to decrease their stakes in YES Bank. The restructuring coincides with Japan's Sumitomo Mitsui Banking Corporation (SMBC) increasing its involvement, with plans to acquire up to 24.99% of YES Bank. Bandhan Bank's decision is driven by a strategy to rebalance its portfolio, reduce risk, and reallocate capital towards its core microfinance and retail banking operations. SMBC's entry is anticipated to bolster YES Bank's stability and governance.