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RBI asks banks for details of exposure to Adani Group: Report
short by Ankush Verma / on Thursday, 2 February, 2023
The Reserve Bank of India (RBI) has asked banks for details of their exposure to the Adani Group of companies, according to a Reuters report quoting sources. Shares in Adani group of companies plunged on Thursday after the Gautam Adani-led conglomerate shelved a ₹20,000-crore FPO. Adani Group's cumulative market capitalisation losses have hit $100 billion.
read more at Moneycontrol