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Deal done: Blackstone to take 10% stake in Federal Bank; to acquire at Rs 6.2k cr

Vanshika
Deal done: Blackstone to take 10% stake in Federal Bank; to acquire at Rs 6.2k cr
Deal done: Blackstone to take 10% stake in Federal Bank; to acquire at Rs 6.2k cr
Blackstone is set to acquire nearly 10% stake in Federal Bank for Rs 6,196.5 crore, pending shareholder and regulatory approvals. This significant deal highlights a trend of Indian lenders attracting substantial private capital, fueling debate on the RBI's stance towards foreign strategic ownership in the banking sector
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Vanshika

Meet Vanshika, a promising trainee at Newzquest.in, who plays a vital role in managing the news site’s operations with dedication and precision. With a strong interest in economics and data-driven insights, Vanshika focuses on analyzing economic trends to provide clear and timely news reporting. Her analytical mindset and eagerness to learn have made her an important contributor to the editorial process, enhancing content quality and aligning with the diverse expectations of Newzquest’s audience. Committed to continual growth, Vanshika actively deepens her understanding of the news landscape to offer nuanced insights on critical issues, helping foster a well-informed community.

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