{"id":552794,"date":"2023-02-04T10:40:49","date_gmt":"2023-02-04T05:10:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=552794"},"modified":"2023-02-04T11:51:35","modified_gmt":"2023-02-04T06:21:35","slug":"govt-breaks-its-silence-on-adani-sbi-lic-exposure-within-limits","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-breaks-its-silence-on-adani-sbi-lic-exposure-within-limits\/","title":{"rendered":"Govt breaks its silence on Adani: SBI, LIC exposure within \u2018limits\u2019"},"content":{"rendered":"<p>BREAKING ITS silence since the Adani Group stocks started falling after US-based Hindenburg Research last week levelled allegations of \u201cbrazen stock manipulation and fraud\u201d against the group\u2019s companies, the government Friday said the exposure of banks and insurers was within \u201cpermitted limits\u201d. <\/p>\n<p>\u201cBoth SBI and LIC have issued detailed statements\u2026 the Chairperson, the CMD has himself come out and explained how they are not overexposed\u2026 and also said, look, we are sitting over profits for the exposure\u2026 They have very clearly said their exposure is well within the permitted limits and they are even now \u2013 with the valuation falling as well \u2013 sitting over profit,\u201d Union Finance Minister Nirmala Sitharaman said in an interview to Network18.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BREAKING ITS silence since the Adani Group stocks started falling after US-based Hindenburg Research last week levelled allegations of \u201cbrazen stock manipulation and fraud\u201d against the group\u2019s companies, the government Friday said the exposure of banks and insurers was within \u201cpermitted limits\u201d. \u201cBoth SBI and LIC have issued detailed statements\u2026 the Chairperson, the CMD has himself come out and explained how they are not overexposed\u2026 and also said, look, we are sitting over profits for the exposure\u2026 They have very clearly said their exposure is well within the permitted limits and they are even now \u2013 with the valuation falling [&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],"tags":[],"class_list":["post-552794","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552794","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=552794"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552794\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=552794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=552794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=552794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}