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Blackstone to pick up 9.99% in Federal Bank for ₹6,197 cr
Hindustan Times Noida
|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.
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.
Denne historien er fra October 25, 2025-utgaven av Hindustan Times Noida.
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