Tuesday, April 21, 2020

ICICI Bank confirms exposure to troubled oil trader Hin Leong

"We confirm that the Bank, in the normal course of its business, has exposure to the borrower group in question, is taking due steps to protect its interests, and will appropriately reflect the same in its financial statements, as it would do in respect of all its banking exposures," ICICI said in a stock exchange filing.

from Banking/Finance-Industry-Economic Times https://ift.tt/3eFVZMT

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