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Adani crisis: SBI to PNB, how bad is your bank’s exposure to Adani Group?
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The massive fall in Adani Group's market cap has led to another set of worries among depositors. In particular over the debt given as loans by PSU banks to the group entities.
Politics over the matter has led to several adjournments in the parliament. Earlier this week, FM, Nirmala Sitharasman assured investors that all investments and debt extended to Adani Group by PSU banks and insurance major LIC is within the permissible limit. Banks have also come out and shared details of their overall exposure to the group. Watch.
#adani #adanienterprisessharenews #adanient #adanihindenburg #banks #lic
Click here to download the Mint App
Politics over the matter has led to several adjournments in the parliament. Earlier this week, FM, Nirmala Sitharasman assured investors that all investments and debt extended to Adani Group by PSU banks and insurance major LIC is within the permissible limit. Banks have also come out and shared details of their overall exposure to the group. Watch.
#adani #adanienterprisessharenews #adanient #adanihindenburg #banks #lic
Click here to download the Mint App