The deal, which would make Blackstone the largest shareholder in Federal Bank, involves an investment of around $700 million ...

The investment, totalling Rs61.9bn ($705m), will be made through Asia II Topco XIII.

In a regulatory filing, the bank informed stock exchanges that the RBI conveyed its approval on the same day. The approval ...

(Reuters) -Blackstone will invest about $705 million in India's Federal Bank for a 9.9% stake, the private lender said on Friday, adding to the growing list of large deals by marquee investors. The ...

Feb 5 (Reuters) - The Indian central bank has approved private equity firm Blackstone's acquisition of up to a 9.99% stake in ...