Last week, Adani shares rallied between 10% to 44% with Adani Enterprises emerging as the best performer in the Group s stocks. The strong performance comes after mega block deals in four Adani firms. .This lifted broader markets with Nifty PSU Bank witnessing the most buying.
Queried about the Indian bank s exposure to the Adani Group and the comments of credit rating agencies, Das said the Indian banking system is strong and an individual client will not affect it.Das
An individual client Adani Group will not bring down the Indian banking system as the country's banking sector is resilient and strong, Reserve Bank of India (RBI) Governor Shaktikanta Das said.Queried about the Indian bank's exposure to .
Queried about the Indian bank s exposure to the Adani Group and the comments of credit rating agencies, Das said the Indian banking system is strong and an individual client will not affect it.Das
Indian banks exposure of loans against shares to the embattled Adani Group is not very significant, a deputy governor of the central bank said on Wednesday, allaying concerns that lenders could. | February 8, 2023