RBI says 'banking sector remains resilient, stable' amid Adani stocks rout
RBI says 'banking sector remains resilient, stable' amid Adani stocks rout
Source: freepressjournal.in
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Committed to ensuring market integrity, says SEBI; refers to 'unusual price movement' in Adani group stocks
In an apparent reference to the Adani group, the Securities and Exchange Board of India (SEBI) on Monday said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity.
Source: webindia123.com
Adani crisis: RBI finally breaks silence on exposure of banks to Adani Group as crisis deepens
Amid the deepening Adani Group crisis, the RBI said that its current assessment shows that the banking sector in India is resilient and stable.
Source: dnaindia.com
India's top lender SBI smashes estimates with record Q3 profit
State Bank of India , the country’s largest lender, on Friday said its quarterly profit surged a better-than-expected 68.5% to a record high, boosted by better interest income and a drop in bad loan provisions.
Source: gulftoday.ae
Adani Group crisis: Nirmala Sitharaman, RBI seek to allay fears on overexposure of SBI, LIC
The Reserve Bank of India said that as per its current assessment, the banking sector remains resilient and stable.
Source: scroll.in