Carlyle group, a Global investment firm, has disposed off its 2.6% stake in Yes Bank for Rs 1,775 crore through open market transactions. The group has sold the shares in the price range of Rs 21.61 to Rs 21.68 per share. The Carlyle group through its affiliate -- CA Basque Investments has sold a total of 82 crore shares of Yes Bank, reducing its share holding to 4.22% from 6.84%.
Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.
