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SBI Share Price Live Updates: SBI's Performance Snapshot

SBI Share Price Live Updates: SBI's Performance Snapshot

Time of India2 days ago

02 Jun 2025 | 08:40:19 AM IST Stay up-to-date with the SBI Stock Liveblog, your trusted source for real-time updates and thorough analysis of a prominent stock. Explore the latest details on SBI, including: Last traded price 812.3, Market capitalization: 724946.89, Volume: 22037314, Price-to-earnings ratio 9.35, Earnings per share 86.91. Get a comprehensive understanding of SBI with our coverage of both fundamental and technical indicators. Stay informed about breaking news that can have a significant impact on SBI's performance. Our expert opinions and recommendations empower you to make well-informed investment choices. Trust the SBI Stock Liveblog to keep you informed and equipped in the dynamic market landscape. The data points are updated as on 08:40:19 AM IST, 02 Jun 2025 Show more

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Yes Bank bulk deal: Carlyle group sells 2.6% stake in Yes Bank for ₹1,775 crore; stock down 10%
Yes Bank bulk deal: Carlyle group sells 2.6% stake in Yes Bank for ₹1,775 crore; stock down 10%

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Yes Bank bulk deal: Carlyle group sells 2.6% stake in Yes Bank for ₹1,775 crore; stock down 10%

Global investment firm Carlyle group on Tuesday sold a 2.6 per cent stake in private sector lender Yes Bank for ₹ 1,775 crore through open market transactions. The development comes after State Bank of India and seven other lenders last month announced that they will sell 20 per cent of their combined stake in Yes Bank to Japan's Sumitomo Mitsui Banking Corporation for ₹ 13,483 crore. US-based Carlyle, through its affiliate CA Basque Investments, sold a total of 82 crore shares, representing a 2.62 per cent stake in Mumbai-based Yes Bank on the NSE and BSE, as per the bulk deal data on the bourses. The shares were disposed in the price range of ₹ 21.61-21.68 apiece, taking the combined transaction value to ₹ 1,774.89 crore. After the share sale, Carlyle's arm CA Basque Investments' holding in Yes Bank declined to 4.22 per cent from 6.84 per cent. Details of the buyers of Yes Bank's shares could not be ascertained on the BSE and the National Stock Exchange (NSE). Shares of Yes Bank declined 10.40 per cent to close at ₹ 20.85 apiece on the BSE, and it fell 10.01 per cent to settle at ₹ 20.95 per piece on the NSE. Last month, SBI and seven other lenders announced that they will sell 20 per cent of their combined stake in Yes Bank to Japan's SMBC for a consideration of ₹ 13,483 crore, making it the largest cross-border investment in the Indian banking sector. Following the completion of the transaction, SMBC will become the single-largest shareholder of Mumbai-based Yes Bank. Of the 20 per cent stake, SBI will dilute a 13.19 per cent stake in Yes Bank in favour of SMBC for a consideration of ₹ 8,889 crore, while 6.81 per cent shareholding will be offloaded by seven other lenders, including Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank, ICICI Bank, IDFC First Bank and Kotak Mahindra Bank for about ₹ 4,594 crore. SBI and the seven investor lenders had invested in the bank as part of the YES Bank Reconstruction Scheme in March 2020. Mumbai-headquartered SBI, which owned a 24 per cent stake in Yes Bank, will be left with a little over 10 per cent stake after the dilution. SMBC is a wholly-owned subsidiary of Sumitomo Mitsui Financial Group, Inc (SMFG). SMFG is the second largest banking group in Japan with total assets of USD 2 trillion as of December 2024 with strong global presence. For the fourth quarter ended March 2025, Yes Bank reported a 63 per cent jump in standalone net profit at ₹ 738 crore as compared to ₹ 451.9 crore in the corresponding quarter a year ago.

Carlyle Group offloads 2.6% in Yes Bank for ₹1,775 Cr; stock slides over 10%
Carlyle Group offloads 2.6% in Yes Bank for ₹1,775 Cr; stock slides over 10%

Hans India

time6 hours ago

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Carlyle Group offloads 2.6% in Yes Bank for ₹1,775 Cr; stock slides over 10%

In a major open market transaction on Tuesday, U.S.-based private equity firm Carlyle Group, through its affiliate CA Basque Investments, sold a 2.6% stake in Yes Bank worth ₹1,775 crore. The transaction involved the offloading of 82 crore shares at a price range of ₹21.61 to ₹21.68 apiece on the NSE and BSE. This stake reduction has brought Carlyle's holding in the Mumbai-based private sector bank down from 6.84% to 4.22%. Despite this high-value transaction, Yes Bank's shares took a hit — falling 10.40% to ₹20.85 on the BSE and 10.01% to ₹20.95 on the NSE. The sale comes shortly after State Bank of India (SBI) and seven other banks announced their intent to divest a 20% stake in Yes Bank to Japan's Sumitomo Mitsui Banking Corporation (SMBC) for ₹13,483 crore — the largest cross-border deal in Indian banking to date. Of this, SBI will offload 13.19% of its holdings for ₹8,889 crore, reducing its stake from 24% to just over 10%. The remaining 6.81% will be divested by Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank, ICICI Bank, IDFC First Bank, and Kotak Mahindra Bank, amounting to ₹4,594 crore. SMBC, a wholly-owned subsidiary of Sumitomo Mitsui Financial Group (SMFG) — Japan's second-largest banking group with $2 trillion in assets — will emerge as the single-largest shareholder of Yes Bank post-transaction. Meanwhile, Yes Bank continues to show robust financials. For Q4 FY25, the bank reported a 63% jump in standalone net profit at ₹738 crore, compared to ₹451.9 crore in Q4 FY24. Annual net profit for FY25 more than doubled to ₹2,406 crore from ₹1,251 crore a year earlier.

Yes Bank bulk deal: Carlyle group sells 2.6% stake in Yes Bank for  ₹1,775 crore; stock down 10%
Yes Bank bulk deal: Carlyle group sells 2.6% stake in Yes Bank for  ₹1,775 crore; stock down 10%

Mint

time6 hours ago

  • Mint

Yes Bank bulk deal: Carlyle group sells 2.6% stake in Yes Bank for ₹1,775 crore; stock down 10%

Global investment firm Carlyle group on Tuesday sold a 2.6 per cent stake in private sector lender Yes Bank for ₹ 1,775 crore through open market transactions. The development comes after State Bank of India and seven other lenders last month announced that they will sell 20 per cent of their combined stake in Yes Bank to Japan's Sumitomo Mitsui Banking Corporation for ₹ 13,483 crore. US-based Carlyle, through its affiliate CA Basque Investments, sold a total of 82 crore shares, representing a 2.62 per cent stake in Mumbai-based Yes Bank on the NSE and BSE, as per the bulk deal data on the bourses. The shares were disposed in the price range of ₹ 21.61-21.68 apiece, taking the combined transaction value to ₹ 1,774.89 crore. After the share sale, Carlyle's arm CA Basque Investments' holding in Yes Bank declined to 4.22 per cent from 6.84 per cent. Details of the buyers of Yes Bank's shares could not be ascertained on the BSE and the National Stock Exchange (NSE). Shares of Yes Bank declined 10.40 per cent to close at ₹ 20.85 apiece on the BSE, and it fell 10.01 per cent to settle at ₹ 20.95 per piece on the NSE. Last month, SBI and seven other lenders announced that they will sell 20 per cent of their combined stake in Yes Bank to Japan's SMBC for a consideration of ₹ 13,483 crore, making it the largest cross-border investment in the Indian banking sector. Following the completion of the transaction, SMBC will become the single-largest shareholder of Mumbai-based Yes Bank. Of the 20 per cent stake, SBI will dilute a 13.19 per cent stake in Yes Bank in favour of SMBC for a consideration of ₹ 8,889 crore, while 6.81 per cent shareholding will be offloaded by seven other lenders, including Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank, ICICI Bank, IDFC First Bank and Kotak Mahindra Bank for about ₹ 4,594 crore. SBI and the seven investor lenders had invested in the bank as part of the YES Bank Reconstruction Scheme in March 2020. Mumbai-headquartered SBI, which owned a 24 per cent stake in Yes Bank, will be left with a little over 10 per cent stake after the dilution. SMBC is a wholly-owned subsidiary of Sumitomo Mitsui Financial Group, Inc (SMFG). SMFG is the second largest banking group in Japan with total assets of USD 2 trillion as of December 2024 with strong global presence. For the fourth quarter ended March 2025, Yes Bank reported a 63 per cent jump in standalone net profit at ₹ 738 crore as compared to ₹ 451.9 crore in the corresponding quarter a year ago. In FY25, the bank's net profit doubled to ₹ 2,406 crore compared to ₹ 1,251 crore in the preceding fiscal year.

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