New Delhi, Aug. 25 -- Yes Bank share price rallied as much as 5 per cent to Rs.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.

Yes Bank announced on Saturday that the Reserve Bank of India (RBI) has approved the Japanese banking giant's acquisition of a significant minority stake. However, the central bank clarified that SMBC will not be desig...