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Blackstone to pick up 9.99% in Federal Bank for ₹6,197 cr

October 25, 2025

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Mint Chennai

Global investor to buy nearly 10% stake in Kerala-based lender

- Ankit Gohel, Priyamvada C & Shayan Ghosh

Blackstone to pick up 9.99% in Federal Bank for ₹6,197 cr

Global investor Blackstone is set to buy nearly 10% stake in Kerala-based Federal Bank, becoming the latest foreign entity to covet a slice of a domestic bank. The acquisition for close to ₹6,200 crore will also mark Blackstone's latest bet on India's financial sector, where it has made multiple investments over the years.

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