FAQs
United States-based investment firm Carlyle Group has sold 59.4 crore shares, which makes up 1.98 percent stake in Yes Bank, via CA Basque Investments at Rs 24.27 per share, according to bulk deal data available on the National Stock Exchange. The Carlyle Group entity sold shares worth Rs 1441.63 crore.
Did Carlyle sell stake in Yes Bank? ›
BENGALURU, May 3 (Reuters) - U.S. private equity firm Carlyle Group (CG. O) , opens new tab sold a near 2% stake in Yes Bank (YESB. NS) , opens new tab worth 14.42 billion rupees ($173 million) in a bulk deal on Friday, exchange data showed.
Who are the largest investors in Carlyle Group? ›
Largest shareholders include BlackRock Inc., Vanguard Group Inc, Capital World Investors, AMECX - INCOME FUND OF AMERICA Class A, Morgan Stanley, William Blair Investment Management, Llc, Alkeon Capital Management Llc, State Street Corp, Vulcan Value Partners, LLC, and VTSMX - Vanguard Total Stock Market Index Fund ...
Who is majority shareholder of Yes Bank? ›
State Bank of India has pared its holding in YES Bank after rescuing the lender four years ago when it was inundated with bad loans. It remains its biggest shareholder with a 24% stake.
Which banks have stake in Yes Bank? ›
State Bank of India (SBI) and other lenders such as HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank and LIC own about one-third stake in YES Bank. Another report by NDTV suggested that SBI was open to selling most of its stake in YES Bank, four years since it rescued the lender.
Who is Carlyle owned by? ›
The ownership structure of Carlyle Group (CG) stock is a mix of institutional, retail and individual investors. Approximately 36.40% of the company's stock is owned by Institutional Investors, 35.36% is owned by Insiders and 28.24% is owned by Public Companies and Individual Investors.
Did Morgan Stanley buy Yes Bank shares? ›
Of the 390,000,000 shares sold in the open market, Morgan Stanley Asia acquired 306,305,668 shares in Yes Bank for ₹830.08 crore.
What is the reputation of The Carlyle Group? ›
The Carlyle Group has an overall rating of 3.6 out of 5, based on over 327 reviews left anonymously by employees. 61% of employees would recommend working at The Carlyle Group to a friend and 54% have a positive outlook for the business. This rating has improved by 1% over the last 12 months.
What is The Carlyle Group most famously known for? ›
It specializes in private equity, real assets, and private credit. It is one of the largest mega-funds in the world.
Does The Carlyle Group own Taylor Swift music? ›
The Carlyle Group supported a deal that saw music producer Scooter Braun buy Big Machine Records, the label Swift used to record her first six studio albums, and consequently take ownership of the rights to those six albums.
According to stock market experts, a post-Q1FY25 business update by the Yes Bank, the market expects that the private lender's profitability may remain steady. They also believe that the asset quality of Yes Bank may remain healthy in upcoming quarters, which implies a low risk of default or bad loans.
Who is the parent company of Yes Securities? ›
YES Securities (India) Limited (YSIL), established in 2013, is a wholly owned subsidiary of YES Bank. We offer a wide range of customized financial solutions, including Wealth Broking, and Institutional Equity Sales and Trading Research, serving Retail, HNI/UHNIs, and Institutional clients.
Is Yes Bank a good buy? ›
“We expect that YES Bank's core profitability, which is measured by pre-provisioning profits to total assets, will gradually improve to above 1.2% over the next 12-18 months from 0.8% in the financial year ended March 2024 (fiscal 2024),” Moody's said.
Who is the new investor in YES Bank? ›
YES BANK's Board of Directors approve the allotment of equity shares and warrants to two global private equity investors – Carlyle and Advent International.
Who purchased YES Bank shares? ›
To call, YES Bank's board had in 2022 approved allotment of shares and warrants to US private equity firms Carlyle Group and Advent International and suggested appointed of a nominee each from the PE firms as additional directors on its board. Together the two equity funds had bought 9.9 per cent stake in the bank.
Which bank merged with YES Bank? ›
The Reserve Bank of India has granted approval to HDFC Bank for the acquisition of an aggregate holding of up to 9.50% of the paid-up share capital or voting rights of Yes Bank.
Did Carlyle sell stake in PA Consulting? ›
The transaction, which values PA at £1.82 billion, and is expected to close by the end of 2021's first quarter. Technical and professional services group Jacobs has signed an agreement to invest in PA for a 65% shareholding in the company, with Carlyle exiting its stake.
Is SBI selling stake in Yes Bank? ›
Summary. RBI's approval for up to a 51% stake sale in Yes Bank opens an exit for SBI, LIC and others owning stakes in the private lender that survived a near-death experience four years ago. The stake sale may value Yes Bank at around $10 billion, making for the largest acquisition in India's banking sector.
Who is buying Yes Bank? ›
While First Abu Dhabi Bank is weighing in for a 51% stake in YES Bank, the stake sale has also drawn preliminary interest from Japan, including Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc., as per reports.
