Blackstone gets India's central bank nod to buy up to 9.99% stake in Federal Bank
Feb 5 (Reuters) - India's central bank has given its approval to Blackstone for acquiring an aggregate stake of up to 9.99% in Federal Bank FED.NS, the private lender said on Thursday. (Reporting by Nishit Navin; Editing by Shreya Biswas ) ((Nishit.Navin@thomsonreuters.com;))
Recent news on Federal Bank
See all newsIndia's Federal Bank rebounds after second-quarter results
Brief: Federal Bank Posts Sept-Quarter Net Profit 13.86 Billion Rupees
Factbox: Large cross-border deals in India's financial sector this year
Brief: Federal Bank Establishes Medium Term Note Programme For Aggregate Up To USD 500 Million
Brief: Federal Bank To Consider Proposal For Establishment Of Medium Term Note Programme For Raising Funds