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India banks are reviewing Adani Group exposure
India banks are reviewing Adani Group exposure after US charges, sources say
By Siddhi Nayak, Sarita Chaganti Singh and Nikunj Ohri MUMBAI/NEW DELHI (Reuters) - Indian lenders, including State Bank of India, are reviewing their exposure to Adani Group and examining whether they need to tighten their due diligence when offering new loans to them,
Indian banks reviewing exposure to Adani Group after US indictment
SBI has the largest exposure to the Adani Group among Indian banks, with sanctioned loans of Rs 33,800 crore ($4 billion)
Banks including SBI reviewing Adani Group exposure after US charges: Sources
Bank of India, Union Bank, ICICI Bank, Canara Bank, IDBI Bank and RBL Bank, which have a relatively smaller exposure to the group, are also undertaking a similar exercise.
1h
on MSN
Analysis-Adani Wipeout Hurts but Won't Derail Foreign Investor Faith in India
Erstwhile darlings such as consumer-goods seller Hindustan Unilever, Nestle India and soft drink maker Dabur India have also ...
27m
on MSN
Adani fraud allegations rock Indian Parliament as opposition demands probe into billionaire's firms
India's opposition has disrupted Parliament for a third day, protesting the government's silence over allegations against ...
4h
India's Parliament Suspended Temporarily After Row Over Allegations Against Adani Group
U.S. authorities have accused Gautam Adani, his nephew Sagar Adani and managing director of Adani Green, Vneet S. Jaain, of ...
2h
on MSN
Israel backs India's Adani after US bribery allegations, Israeli envoy says
By Rishika Sadam HYDERABAD, India (Reuters) -Israel wants India's Adani Group to continue to invest in the country, Israel's ...
3h
Major fallout for India’s Adani Group after US bribery indictment, and other key scandals
Some nations and investors have either scrapped deals or stopped investments in the Adani Group. Read more at ...
2d
India’s Adani Group Mess Is Terribly Timed For Modi’s Economy
News that Indian billionaire Gautam Adani’s empire faces U.S. fraud charges could not be timed worse for Indian Prime ...
3h
Airports to cooking oil: the many businesses of India's Gautam Adani
Indian billionaire Gautam Adani oversees a sprawling conglomerate with activities spanning construction of airports to supply ...
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