RBI Clears Blackstone’s Entry Into Federal Bank With Up to 9.99% Ownership
The Indian banking sector continues to attract strong global investor interest, and the latest development reinforces this trend. Global private equity major Blackstone has received approval from the Reserve Bank of India (RBI) to acquire up to a 9.99% stake in Federal Bank, marking a significant milestone for both the lender and India’s financial ecosystem. […]
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