Adani stocks in focus as Indian banks are reviewing Group exposure following US charges
- Posted on November 29, 2024
- By Business News Today
- 2 Views
Adani stocks in focus as Indian banks are reviewing Group exposure following US charges
Indian banks including SBI are reassessing their exposure to Adani stocks following bribery and fraud charges against Chairman Gautam Adani. While some global banks reconsider their stance, Japanese banks plan to maintain their support. SBI remains cautious but will continue funding near-completion projects of the Adani group.