RBI approves Blackstone's stake acquisition in Federal Bank
pre-market1 source ↓written by the desknot a recommendation
- 9.99% stake
- at an issue
- 272.97 million warrants
The Reserve Bank of India has approved Blackstone’s acquisition of a 9.99% stake in Federal Bank for ₹6,196.51 crore. This investment will be executed through 272.97 million warrants at an issue price of ₹227 per share, marking a significant foreign investment in India’s private banking sector. 📈
This approval follows the CCI clearance in December 2025, indicating strong regulatory support for foreign investments in the banking industry.
Not investment advice. For informational purposes only.