Adani’s troubles: Global banks weigh halting fresh credit to Adani after U.S. indictment
Global banks are reassessing their lending to India’s Adani Group. This follows fraud charges against its founder, Gautam Adani, by US prosecutors. Banks may pause new loans but retain existing ones. The situation is being closely monitored for its impact on the group’s finances and fundraising plans. The Indian government’s response is also being watched closely by these international banks.
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