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Published 1 year ago

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.

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