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Our exposure to Adani Group is small: Kotak Mahindra Bank
short by Ambarish Awale / on Thursday, 9 March, 2023
Kotak Mahindra Bank's exposure to Adani Group is small, President and Head for Wholesale Banking Paritosh Kashyap said. The exposures are in line with bank's credit philosophy and size of balance sheet, he added. The issues surrounding the Adani Group are more related to valuations rather than credit, he claimed, adding that operating companies in the group have reasonable leverage.
read more at Financial Express