BoB well placed when it comes to its exposure to Adani Group: CEO Chadha

After the banks’ Q3 earnings, Sanjiv Chadha, MD&CEO, Bank of Baroda, spoke to Subrata Panda on the banks’ exposure to the Adani Group, and how its loan and deposit growth will pan out, going forward. Edited Excerpts:

Is there any concern about the Adani exposure you have?

I don’t believe so. It’s a relatively modest exposure that we have. Also, it is spread over a number of companies. These companies operate in different segments. They have operating assets, cash flows. Around 30 per cent of the exposure of the banks’ where they are in a joint venture with public sector companies. So, I think we are very well placed. There is nothing at all which is there to impact existing operating assets.