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Welcome To IANS Live - BUSINESS - As short selling report roils markets, SBI defends exposure (Ld)
The statement comes at a critical juncture with markets tanking on the basis of a short selling report from Hindenburg Research with the Adani Group caught in a maelstrom losing Rs 4.18 trillion in market cap in two trading sessions. The report by US-based investment research firm Hindenburg Research alleged that the group was engaged in
Source: ianslive.in
As short selling report roils markets, SBI defends exposure
Mumbai January 28 (IANS) Indias largest lender State Bank of India (SBI) said on Friday that its exposure to the Adani Group was well below the Reserve Bank of Indias (RBIs) Large Exposure Framework and was secured by cash generating assets.
Source: morungexpress.com
Welcome To IANS Live - TopStory - As short selling report roils markets, SBI defends exposure (Ld)
The statement comes at a critical juncture with markets tanking on the basis of a short selling report from Hindenburg Research with the Adani Group caught in a maelstrom losing Rs 4.18 trillion in market cap in two trading sessions. The report by US-based investment research firm Hindenburg Research alleged that the group was engaged in
Source: ianslive.in
Bloodbath at Sensex: SBI in damage control mode over Adani Group exposure
The SBI statement came at a critical juncture with markets tanking on the basis of a short selling report from Hindenburg Research with the Adani Group caught in a maelstrom losing Rs 4.18 trillion in market cap in two trading sessions.
Source: ummid.com