India cenbank asks local banks for details of Adani exposure

Summary by Ground News

India's central bank has asked local banks for details of their exposure to the Adani group of companies, government and banking sources said. The Reserve Bank of India (RBI) did not immediately respond to a request for comment. Shares in the conglomerate, led by tycoon Gautam Adani, shelved a $2.5 billion share sale.

Published 2 months ago

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Times of India

RBI cracks whip on Indian Banks, seeks exposure details to Adani group, BFSI News, ET BFSI

Post the Hindenburg report, Adani group has been facing a tough time with its fully-subscribed FPO getting cancelled, global lenders refusing to accept Adani’s assets as collateral, and its stocks hitting lower circuit, thereby pushing Gautam Adani out of the Billionnaire’s list. Here’s what RBI said on development:

2 months ago·Mumbai, India

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Reuters

India cenbank asks local banks for details of Adani exposure

India's central bank has asked local banks for details of their exposure to the Adani group of companies, government and banking sources said on Thursday.

2 months ago·United Kingdom

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Indian Express

RBI seeks details from banks about Adani exposure

SEBI yet to announce probe into market rout and withdrawal of Adani Enterprises FPO

2 months ago·India

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Channel News Asia

India central bank asks local banks for details of exposure to Adani group: Report

NEW DELHI: India's central bank has asked local banks for details of their exposure to the Adani group of companies, government and banking sources said on Thursday (Feb 2). India's ce

2 months ago·Singapore

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Business Standard

RBI asks banks to share information on exposure to Adani Group companies

Adani Group: Indian lenders have around Rs 80,000 cr exposure in conglomerate, marking 38% of the conglomerate's total debt

2 months ago·India

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India Today

RBI asks Indian banks for details of exposure to Adani Group

Shares of Adani Group companies continued their downward spiral on the stock market on Thursday, even as the conglomerate’s billionaire owner Gautam Adani released a video statement to calm investors.

2 months ago·India

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