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VERIFIEDMint Industry·negative
Federal Bank denies reports of majority stake acquisition in Jana SFB as stock drops 4.4%
AI Summary
- ·Federal Bank has denied reports of a majority stake acquisition in Jana SFB.
- ·A CNBC-TV18 report had cited sources indicating advanced stages of a deal.
- ·Federal Bank's stock dropped 4.4% following the initial report.