{"id":384623,"date":"2020-11-18T08:48:48","date_gmt":"2020-11-18T03:18:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=384623"},"modified":"2020-11-18T09:36:23","modified_gmt":"2020-11-18T04:06:23","slug":"sbi-set-to-offer-rs-5000-cr-loan-to-adani-coal-project-in-australia-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sbi-set-to-offer-rs-5000-cr-loan-to-adani-coal-project-in-australia-report\/","title":{"rendered":"SBI set to offer Rs 5000 cr loan to Adani coal project in Australia: Report"},"content":{"rendered":"<p>The State Bank of India is set to offer a Rs 5,000-crore loan to Adani Enterprises Ltd&#8217;s Australian mining company, now renamed Bravus Mining &amp; Resources, as per media reports. <\/p>\n<p>As per media reports, the loan agreement between SBI and Adani Group is nearly done and a ratification is expected from the bank&#8217;s executive committee soon. <\/p>\n<p>This could mark the resurgence of on earlier controversy. SBI and Adani had entered into a memorandum of understanding in 2014 for a $1-billion loan. The loan was not executed after it became a political controversy. <\/p>\n<p>Opposition parties had questioned the loan agreement at a time when the mining project was mired in controversy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The State Bank of India is set to offer a Rs 5,000-crore loan to Adani Enterprises Ltd&#8217;s Australian mining company, now renamed Bravus Mining &amp; Resources, as per media reports. As per media reports, the loan agreement between SBI and Adani Group is nearly done and a ratification is expected from the bank&#8217;s executive committee soon. This could mark the resurgence of on earlier controversy. SBI and Adani had entered into a memorandum of understanding in 2014 for a $1-billion loan. The loan was not executed after it became a political controversy. Opposition parties had questioned the loan agreement at [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,170,130],"tags":[],"class_list":["post-384623","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=384623"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384623\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=384623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=384623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=384623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}