{"id":384837,"date":"2020-11-18T11:45:59","date_gmt":"2020-11-18T06:15:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=384837"},"modified":"2020-11-18T12:57:27","modified_gmt":"2020-11-18T07:27:27","slug":"sbi-set-to-offer-rs-5000-crore-loan-to-adani-coal-project-in-australia-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sbi-set-to-offer-rs-5000-crore-loan-to-adani-coal-project-in-australia-report\/","title":{"rendered":"SBI set to offer Rs 5,000 crore 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\u2019s 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\u2019s 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\u2019s 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\u2019s 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":[214,130,144],"tags":[],"class_list":["post-384837","post","type-post","status-publish","format-standard","hentry","category-coal-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384837","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=384837"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384837\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=384837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=384837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=384837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}