Federal Bank board approves raising ₹6,196 crore via preferential issue of warrants to Blackstone entity

Federal Bank share price has rallied 18% in one month and more than 13% in three months. On a year-to-date (YTD) basis, the stock has risen 14%, while it has gained 21% in one year. Over the past two years, Federal Bank share price has surged 60%.