{"id":551159,"date":"2023-01-31T09:22:30","date_gmt":"2023-01-31T03:52:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=551159"},"modified":"2023-01-31T10:08:42","modified_gmt":"2023-01-31T04:38:42","slug":"no-worry-punjab-national-bank-allays-concerns-about-adani-group-exposure","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/no-worry-punjab-national-bank-allays-concerns-about-adani-group-exposure\/","title":{"rendered":"&#8216;No worry&#8217;: Punjab National Bank allays concerns about Adani group exposure"},"content":{"rendered":"<p>Punjab National Bank on Monday allayed concerns about its exposure to Adani companies and noted that its loans to the group are diversified into 8-9 companies, which are generating sufficient cash. <\/p>\n<p>Atul Kumar Goel, the bank\u2019s MD &amp; CEO, in a post-earnings call said total exposure to Adani group, so far, stands at Rs 7,000 crore, of which Rs 2,500 crore is in the airport sector. He further said there is \u201cno worry as the exposure is not very big\u201d and that the bank is keeping an eye on the development that is taking place. Adani companies are in focus following a highly critical report about the group by the American short-seller Hindenburg Research.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Punjab National Bank on Monday allayed concerns about its exposure to Adani companies and noted that its loans to the group are diversified into 8-9 companies, which are generating sufficient cash. Atul Kumar Goel, the bank\u2019s MD &amp; CEO, in a post-earnings call said total exposure to Adani group, so far, stands at Rs 7,000 crore, of which Rs 2,500 crore is in the airport sector. He further said there is \u201cno worry as the exposure is not very big\u201d and that the bank is keeping an eye on the development that is taking place. Adani companies are in focus [&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":[135,130,232],"tags":[],"class_list":["post-551159","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551159","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=551159"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551159\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=551159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=551159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=551159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}