India / Nirmala Sitharaman says Lenders have made it clear they are not overexposed exposure to Adani group

Adani Group: Since the Hindenburg report, many difficulties have come to the fore on Adani Group. The shares of Adani Group are continuously going down. Meanwhile, there are many uncertainties regarding the Adani Group in India. At the same time, the government has also broken the silence regarding Adani Group and a big statement has been given on behalf of Finance Minister Nirmala Sitharaman on Adani Group.

Adani Group

Adani Group has taken loan from many banks. Many banks present in India have given loan to Adani Group. Meanwhile, Finance Minister Nirmala Sitharaman has given a statement on Adani Group saying that the lending banks have made it clear that they are not overexposed, loans have been given to Adani Group within the permitted limits.

Adani Shares

It has been said on behalf of Finance Minister Nirmala Sitharaman that both SBI and LIC have told that they are not overexposed in the Adani group. Both say that whatever exposure they have to the Adani group, they are sitting on profits and even after the fall in valuations, they are in profit.

Hindenburg Report

Let us tell you that the Hindenburg Report has recently presented a report on the Adani Group. In this report, Adani Group has been accused of fraud and wrongly increasing the prices of shares. After the arrival of this report, Adani Group has to face continuous problems. At the same time, the shares of Adani Group listed in the Indian stock have also come under pressure for the last few days and their shares are showing lower circuit.