Tuesday, February 14, 2023
No major risk to banks from Adani crisis, says S&P exec
No major risk to banks from Adani crisis, says S&P exec https://ift.tt/ytgcefq, Dangra also pointed at a number of factors to suggest the crisis doesn't seem to cause meaningful contagion risk to the Indian financial system directly. Based on external estimates, the banking system's exposure to Adani Group is less than 1%, he said.
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