Moody's says Indian banks' exposures to Adani 'not large enough' to affect credit quality2 min read . Updated: 07 Feb 2023, 07:06 PM IST
- However, Moody's said that risks for banks can increase if Adani becomes more reliant on bank loans
Indian banks' exposures to the Adani Group are not large enough to affect their credit quality materially and the overall quality of the local lenders’ corporate loans will be stable, ratings agency Moody's Investors Service said on Tuesday.
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