The stake sale news led to a rise in Yes Bank's stock price, making it one of the top gainers of the day. The share price of Yes Bank went up by as much as 9% during the trading session.

Shares of Yes Bank jumped 4.6 per cent on Monday, after Japan's Sumitomo Mitsui Banking Corporation (SMBC) said on Friday it will take a 20 per cent stake in the lender, marking India's largest cross-border banking deal.SMBC is a unit of Sumitomo Mitsui Financial Group and is Japan's second-biggest bank.