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Blackstone to pick up 9.99% in Federal Bank for ₹6,196 crore
Mint Mumbai
|October 25, 2025
Mumbai, and Kolte-Patil Developers Ltd.
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Blackstone has made multiple investments in India's financial sector over the years.
(REUTERS)
India’s banking segment has witnessed renewed interest in recent times, on the back of its long-term growth prospects and economic resilience.
Analysts are upbeat about the prospects of more such deals. “Definitely, more smaller and mid-sized banks are up (for such deals). In fact, any organization which requires a confidence capital desperately needs to do this in our view,” Suresh Ganapathy, managing director and head of financial services research, Macquarie Capital said in a note to clients after the Federal Bank stake sale was announced.
This story is from the October 25, 2025 edition of Mint Mumbai.
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