In a significant move, global investment giant Blackstone has allocated more than six thousand crore rupees to Federal Bank, officially becoming the largest shareholder in the Kerala-based institution. This landmark deal highlights the increasing appetite of foreign investors for India’s burgeoning financial landscape.
Axis Bank shares rise 2% as lender set to invest Rs 1,500 crore into NBFC arm Axis Finance
Axis Bank shares gained after the lender approved a Rs 1,500 crore capital infusion into its NBFC arm, Axis Finance. The move follows a pause