No significant risk to Indian banking system from Adani Group: CLSA - Jobs World

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Thursday, January 26, 2023

No significant risk to Indian banking system from Adani Group: CLSA

No significant risk to Indian banking system from Adani Group: CLSA https://ifttt.com/images/no_image_card.png“Indian banking exposure is less than 40% of total group debt,” CLSA said in its report dated January 26. Within this, private banks’ exposure is below 10% of total group debt and most banks have indicated that they have largely financed assets with strong cash flows, such as airports/ports,” it said.

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