Carlyle Group Offloads its stake worth 
1,500 crore in YES Bank
The private equity giant Carlyle Group is likely to sell a significant portion of its stake in private lender YES Bank, which is worth 1,500 crore, in a block deal scheduled for today, sources subjected with this matter shown.
The Carlyle, which holds an 8.74 percent stake in YES Bank post warrant conversion, is planning the stake sale through a company called CA BASQUE INVESTMENTS.
Multiple people with knowledge of the situation claim that Goldman Sachs will most likely act as a broker for this transaction.
When compared to the 
2,105.2 crore earned in the fourth quarter of FY23, the lender’s net interest income increased by 2.3 percent to 2,153.1 crore.
2,105.2 crore earned in the fourth quarter of FY23, the lender’s net interest income increased by 2.3 percent to 2,153.1 crore.
The bank’s gross non-performing resources - NPA were down 11 percent at 3,982 crore in the March quarter contrasted with the past quarter's 4,457.4 crore. The fourth-quarter gross NPA percentage was estimated at 1.7 percent, compared to 2 percent for the December quarter.
3,982 crore in the March quarter contrasted with the past quarter's 4,457.4 crore. The fourth-quarter gross NPA percentage was estimated at 1.7 percent, compared to 2 percent for the December quarter.
In addition, it reported a 31.4 percent decrease in net NPA in the fourth quarter, which was 1,329.7 crore compared to 1,934.4 crore in the third quarter of the fiscal year 2023-24.
1,329.7 crore compared to 1,934.4 crore in the third quarter of the fiscal year 2023-24.
Its net NPA% was at 0.60 percent contrasted with the past quarter’s 0.9 percent, reflecting superior asset quality measurements. Portions of Yes Bank Ltd finished at 25.44, somewhere around 0.73, or 2.79 percent on the BSE.
25.44, somewhere around 0.73, or 2.79 percent on the BSE.
