October 14, 2026
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Standard Chartered is reviewing final offers from Kotak Mahindra Bank and Federal Bank to sell a portfolio of up to 600,000 credit-card-only customers in India. The move is part of the bank’s strategy to streamline operations and reduce focus on single-product clients. The potential deal follows Standard Chartered’s broader effort to offload non-core assets and […]Continue Reading
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Global private equity giant Blackstone is set to invest approximately $705 million in India’s Federal Bank, acquiring a 9.9% stake and becoming the largest shareholder of the private lender. The investment, made through a Singapore-based affiliate, comes with the right to nominate a non-executive director to the bank’s board. The deal will be executed via […]Continue Reading

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