{"id":551409,"date":"2023-01-31T11:19:15","date_gmt":"2023-01-31T05:49:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=551409"},"modified":"2023-01-31T13:10:04","modified_gmt":"2023-01-31T07:40:04","slug":"pnb-has-rs-70-billion-exposure-to-adani-group-but-it-is-not-a-matter-of-worry-ceo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pnb-has-rs-70-billion-exposure-to-adani-group-but-it-is-not-a-matter-of-worry-ceo\/","title":{"rendered":"PNB has Rs 70 billion exposure to Adani Group but it is not a matter of worry: CEO"},"content":{"rendered":"<p>NEW DELHI: Punjab National Bank (PNB) has a total exposure of 70 billion rupees ($859.30 million) to Adani Group, but it is not a matter to worry, managing director Atul Kumar Goel said on Monday. <\/p>\n<p>Addressing a press conference after the company&#8217;s quarterly results, Goel said that the bank is keeping a close watch on situation developing following the damning report by US-based short seller Hindenburg Research. <\/p>\n<p>&#8220;PNB has Rs 7,000 crores exposures in 8-9 companies of Adani Group. Our exposure is mostly in Airport business of Adani. I don&#8217;t need to worry on the current issue of Adani as most of the exposure is generating money to pay their dues. We are keeping our eyes on the issue,&#8221; Goel said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Punjab National Bank (PNB) has a total exposure of 70 billion rupees ($859.30 million) to Adani Group, but it is not a matter to worry, managing director Atul Kumar Goel said on Monday. Addressing a press conference after the company&#8217;s quarterly results, Goel said that the bank is keeping a close watch on situation developing following the damning report by US-based short seller Hindenburg Research. &#8220;PNB has Rs 7,000 crores exposures in 8-9 companies of Adani Group. Our exposure is mostly in Airport business of Adani. I don&#8217;t need to worry on the current issue of Adani as [&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":[130,246,137],"tags":[],"class_list":["post-551409","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551409","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=551409"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551409\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=551409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=551409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=551409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}