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 […]
Tag: bfsi
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 […]
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 […]
SBI, BoB say Adani exposure within limits, payments on track
Two top public sector banks have said that their loan exposure to the Adani Group is being serviced regularly and its well within their corporate […]
Tata Sons looks to shed its ‘Upper Layer NBFC’ tag
Tata Sons has been exploring the possibility of being exempted from a Reserve Bank of India (RBI) notification, issued in October 2021, that included it […]
UP seeing fast increase in new borrowers: Transunion Cibil
Credit penetration is fast increasing in historically under-banked regions. Uttar Pradesh has shown the strongest improvement in credit health with a CMI value of 102, […]
RBI OKs Hinduja hiking IndusInd Bank stake
The Reserve Bank of India (RBI) has given in-principle and conditional approval to IndusInd International Holdings Ltd, a Hinduja Group entity, to raise its stake […]