The move positions Blackstone to acquire a near 10% stake in the bank, subject to shareholder approval, marking another high-profile private equity inflow into mid-sized Indian lenders this year.Federal Bank’s board sanctioned 27.29 crore warrants, each convertible into one fully paid-up equity share at Rs 227 apiece, roughly in line with Thursday’s closing price.Blackstone is required to pay 25% of the warrant price at subscription, with the remaining 75% payable upon exercising the warrants. Upon convers ...