No significant risk to Indian banking system from Adani Group: CLSA

“Indian banking exposure is less than 40% of total group debt,” CLSA said in its report dated January 26. Within this, private banks’ exposure is below 10% of total group debt and most banks have indicated that they have largely financed assets with strong cash flows, such as airports/ports,” it said.

from Banking/Finance-Industry-Economic Times https://ift.tt/2wd1HJv