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

Hindustan Times Delhi

|

October 25, 2025

Global investor Blackstone is set to buy nearly 10% stake in Keralabased Federal Bank, becoming the latest foreign entity to covet a slice of a domestic bank.

- Ankit Gohel, Priyamvada C. & Shayan Ghosh

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

The acquisition will also mark Blackstone's latest bet on India's financial sector.

(REUTERS)

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.

The private bank's board on Friday okayed issuing warrants to a Blackstone affiliate, to be converted later to a 9.99% stake. Once the Blackstone entity's shareholding reaches 5%, it will get to nominate one non-executive director to the bank's board.

FLERE HISTORIER FRA Hindustan Times Delhi

Hindustan Times

Another NEET student dies by suicide in Kota

A 24-year-old NEET student died allegedly by suicide in Rajasthan's Kota on Saturday, police said, making it the 20th such incident in the desert state.

time to read

1 min

October 26, 2025

Hindustan Times

CBIC consolidates 31 notifications into one, aims to ease compliance

THERE WILL BE NO CHANGE IN THE VALIDITY OF THE EXEMPTIONS NOTIFIED ACROSS VARIOUS YEARS

time to read

1 min

October 26, 2025

Hindustan Times

Hindustan Times

Exports to China surge 22% in FY25'

India's exports to China surged about 22% in the first half of 2025-26 compared to the first half (HI) of FY25, driven by items like parts of telephone sets, shrimps, aluminium and capsicum, according to the government's data - a trend, that according to some experts, suggests that Indian exporters have successfully diversified some of their trade to different destinations in the aftermath of the US tariffs.

time to read

1 mins

October 26, 2025

Hindustan Times

Endorsing NEP, Delhi sets uniform 6+ rule for Class 1

NEW SCHOOL RULES ALSO INCREASE FOUNDATIONAL STAGE CLASSES FROM 2 TO 3: NURSERY, LOWER KG AND UPPER KG

time to read

3 mins

October 26, 2025

Hindustan Times

Hindustan Times

Farm fires rage in Pak, no surge in Punjab-for now

Capital's AQI back to 'very poor' due to local factors even as experts warn of farm fire threat on horizon

time to read

4 mins

October 26, 2025

Hindustan Times Delhi

Hindustan Times Delhi

A movie which tries to make you cry but barely makes you care

REGRETTING YOU Direction: Josh Boone Cast: Allison Williams, Dave Franco, Mckenna Grace, Mason Thames, Scott Eastwood, Willa Fitzgerald Rating: ✶

time to read

2 mins

October 26, 2025

Hindustan Times Delhi

Hindustan Times Delhi

'WHEN YOU'RE PART OF AMBITIOUS PROJECTS, THE WAIT IS GOING TO BE LONG'

From TV popularity to digital projects, Kritika Kamra talks about waiting for releases and embracing steady career growth

time to read

1 mins

October 26, 2025

Hindustan Times

Severe cyclone to cross Andhra coast on Oct 28

IMD SAID THE CYCLONE IS EXPECTED TO CAUSE HEAVY RAIN OVER ANDHRA, AND ODISHA AND WEST BENGAL

time to read

2 mins

October 26, 2025

Hindustan Times Delhi

Nawaz says indie films struggle at box office as they get fewer screens

Actor Nawazuddin Siddiqui feels that there is a need to preserve independent cinema despite the challenges it faces, as he believes that if such films cease to be made, it would be \"very bad\" for the creative industry.

time to read

1 min

October 26, 2025

Hindustan Times Delhi

75k more seats in medical institutes within 5 yrs: Nadda

The government is planning to add 75,000 seats in the next five years across medical institutions in the country for both undergraduate and postgraduate levels, Union health minister JP Nadda said on Saturday.

time to read

1 min

October 26, 2025

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