Indian banks’ exposure to Adani group is “insufficient in itself” to pose a substantial risk to their credit profiles, Fitch Ratings said on Tuesday. Adani […]
Tag: Adani Group
Moody’s says bank exposure to Adani not large to affect credit quality
Indian banks’ exposure to the Adani Group will not materially affect their credit quality since it is less than one percent of their outstanding, but […]
Don’t see loan exposure to Adani as an issue for SBI, says CreditSights
Research firm CreditSights on Tuesday said that it does not see the loan exposure to Adani Group stocks as an issue for the State Bank […]
Bonds out, Adani Group looks for new ways to refinance ACC, Ambuja M&A loans
The Adani Group is likely to shelve its plans to raise close to $500 million via international bonds and will explore other financing options, including […]
Standard Chartered stops lending against Adani dollar bonds amid volatility
After Citi and Credit Suisse, British bank Standard Chartered (StanChart) has stopped giving loans on the back of dollar bonds floated by companies of the […]
Axis Bank says exposure to Adani Group at 0.94 pc of total loans
Axis Bank, India’s fourth-biggest private lender, joined top-deck state-run peers in defending its financial exposure to the Adani Group, which has lost more than $110 […]
SBI says further financing to Adani projects to be evaluated on merit
State Bank of India, the country’s largest lender, said on Friday it has no concerns so far regarding its exposure to the embattled Adani Group […]
Bank of Baroda says reduced exposure to Adani Group in two years, no concern on asset quality
Public sector lender Bank of Baroda on Friday said it has reduced exposure to the embattled Adani Group entities over the last two years, and […]
Our loans to Adani Group are secure: JK Bank
Jammu and Kashmir Bank, which has an exposure of nearly Rs 250 crore in the Adani Group, on Friday said the bank investors have nothing […]
Banking sector remains resilient and stable: RBI
The Reserve Bank of India (RBI) on Friday said that the banking sector remains resilient and stable, allaying fears amid growing concern about the exposures […]