Indian banks’ exposure to Adani group ‘insufficient’ to pose credit risk: Fitch2 min read . Updated: 07 Feb 2023, 04:46 PM IST
Fitch estimated that loans to all Adani group entities generally account for 0.8%-1.2% of total lending for Indian banks rated by the agency, equivalent to 7%-13% of total equity.
New Delhi: Exposure of Indian banks to the embattled Adani Group is insufficient in itself to present a substantial risk to credit profiles of these lenders, Fitch Ratings said on Tuesday.
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