Federal Bank's massive Rs 6,196 crore warrant issue to Blackstone marks a strategic move to fortify its capital amidst an ongoing trend of significant private equity inflows into the banking sector.

Federal Bank's Board Greenlights Rs 6,196 Crore Warrant Issue to Blackstone; Stock Surges 2%

Federal Bank's board officially greenlit the Rs 6,196 crore warrant issue to Blackstone in a recent meeting, culminating strategic efforts to attract significant private equity, which immediately saw shares rise 2.2%.

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