Allaying concerns over the exposure of lenders to the embattled Adani Group, the Reserve Bank of India on Friday stated that the country’s banking system remains resilient and stable.
“Various parameters relating to capital adequacy, asset quality, liquidity, provision coverage and profitability are healthy. Banks are also in compliance with the Large Exposure Framework guidelines issued by the RBI,” the central bank said.
The RBI stated that it remains vigilant and continues to monitor the stability of the country’s banking sector.
