New Delhi, June 3 -- Global investment firm Carlyle group on Tuesday sold a 2.6 per cent stake in private sector lender Yes Bank for Rs.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 Rs.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 Rs.21.61-21.68 apiece, taking the combined transaction value to Rs.1,...