27 Oct 2025 | 5 Mins Read
Federal Bank stock soars to new record as investment frenzy intensifies
Flipitmoney
Federal Bank's shares surged 3.4% to Rs 235.20 on Monday, a record high, after Blackstone announced a $705 million investment for a 9.9% stake. This positions Blackstone as Federal's largest shareholder, underscoring growing global capital in India's financial sector. Blackstone's entry is part of a string of big-ticket deals reshaping India's private banking space.