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India banks are reviewing Adani Group exposure
India banks are reviewing Adani Group exposure after US charges, sources say
By Siddhi Nayak, Sarita Chaganti Singh and Nikunj Ohri MUMBAI/NEW DELHI (Reuters) - Indian lenders, including State Bank of India, are reviewing their exposure to Adani Group and examining whether they need to tighten their due diligence when offering new loans to them,
Shares in India’s Adani Group plunge 20% after US bribery, fraud indictments
One of Asia’s richest men, controversial Indian tycoon Gautam Adani, is again in the spotlight. His companies’ stocks plunged up to 20% on Thursday after he was indicted by U.S. prosecutors on charges
Indian banks are reviewing Adani Group exposure after US charges
Indian banks, including State Bank of India and ICICI Bank, are reassessing their exposure to Adani Group after U.S. bribery accusations against Chairman Gautam Adani, although this review may not change lending strategies.
4h
on MSN
Analysis-Adani wipeout hurts but won't derail foreign investor faith in India
Worries of a wider spillover from bribery charges against the Adani Group will hurt sentiment in India but not the long-term ...
2d
India’s Adani Group Mess Is Terribly Timed For Modi’s Economy
News that Indian billionaire Gautam Adani’s empire faces U.S. fraud charges could not be timed worse for Indian Prime ...
U.S. News & World Report
7d
India's Adani Group Sees $22 Billion in Value Wiped off After US Indictments
Adani
group
's 10 listed stocks had a total market capitalisation ... to obtain contracts expected to yield $2 billion of ...
6h
Airports to cooking oil: the many businesses of India's Gautam Adani
Indian billionaire Gautam Adani oversees a sprawling conglomerate with activities spanning construction of airports to supply ...
BBC
1y
Adani Group: Can embattled India tycoon recover from $100bn loss?
India
's
Adani
Group
has seen its market value plunge after a US investment firm made fraud allegations against it. Can its ambitious growth plans survive? Until two weeks ago, the ...
3h
Indian government accused of protecting billionaire Adani as he faces allegations of fraud in the US
India’s opposition is protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently ...
5h
Adani wipeout hurts but won't derail foreign investor faith in India
SINGAPORE, Nov 28 (Reuters) - Worries of a wider spillover from bribery charges against the Adani Group will hurt sentiment ...
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