Moody's: Indian Banks 'Limitedly' at Risk from Adani Stocks Rout | #shorts #news

Most Up-To-Date Information | "Moody's: Indian Banks 'Limitedly' at Risk from Adani Stocks Rout" | #shorts #news

Moody's Investors Service recently assessed the potential risk to Indian banks resulting from the Adani stocks rout and concluded that it is "limited". The agency further emphasized that the risk could grow if Adani "becomes more reliant on bank loans". A report by Moody's stated, “While...exposures are larger for public sector banks than for private sector banks, they are smaller than 1% of total loans for most banks." This suggests that the majority of banks in India are not in any significant danger due to the Adani stocks rout.

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#Moodys #InvestorsService #AdaniStocksRout #IndiaBanks #RiskAssessment #BankLoans #PublicSectorBanks #PrivateSectorBanks #TotalLoans #MajorityNotInDanger #newstoday #nbcnewsnow

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