Informed sources say that after Gautam Adani, founder of the Adani Group and Indian billionaire, was accused of bribery and fraud in the USA, several banks in India began reevaluating the loan risks associated with the Adani Group and considered whether to strengthen their due diligence. It is reported that the State Bank of India will not stop lending to the projects nearing completion of the Adani Group, but will be more cautious in issuing loans to ensure that all terms and conditions are met. Informed sources revealed that several banks, including India Bank, united bankshares, icici bank, and Canara Bank, which have relatively small loan exposures to the Adani Group, are also conducting similar reviews.
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印度多家银行据悉审查阿达尼集团贷款风险,考虑加强尽职调查
Several banks in India are reportedly reviewing the loan risks of the Adani Group and considering strengthening due diligence.
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