{"id":553837,"date":"2023-02-08T09:09:33","date_gmt":"2023-02-08T03:39:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=553837"},"modified":"2023-02-08T09:59:37","modified_gmt":"2023-02-08T04:29:37","slug":"sbi-has-well-manageable-exposure-to-embattled-adani-group-creditsights","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sbi-has-well-manageable-exposure-to-embattled-adani-group-creditsights\/","title":{"rendered":"SBI has &#8216;well-manageable&#8217; exposure to embattled Adani Group: CreditSights"},"content":{"rendered":"<p>MUMBAI (Reuters) &#8211; State Bank of India&#8217;s exposure to the embattled Adani Group is &#8220;well-manageable&#8221;, given its strong buffer of provision reserves, CreditSights, a unit of Fitch Ratings, said in a note on Tuesday.<\/p>\n<p>SBI&#8217;s total exposure to the conglomerate was 0.9% of its total loan book, or around 270 billion rupees, Chairman Dinesh Kumar Khara said on Friday.<\/p>\n<p>CreditSights pointed out that the country&#8217;s largest lender has a provision reserves buffer of around 338 billion rupees ($4.08 billion), or around 1% of net loans.<\/p>\n<p>It added SBI also has the capacity to generate pre-provisioning operating profit, or income before taking into account future bad debt provisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI (Reuters) &#8211; State Bank of India&#8217;s exposure to the embattled Adani Group is &#8220;well-manageable&#8221;, given its strong buffer of provision reserves, CreditSights, a unit of Fitch Ratings, said in a note on Tuesday. SBI&#8217;s total exposure to the conglomerate was 0.9% of its total loan book, or around 270 billion rupees, Chairman Dinesh Kumar Khara said on Friday. CreditSights pointed out that the country&#8217;s largest lender has a provision reserves buffer of around 338 billion rupees ($4.08 billion), or around 1% of net loans. It added SBI also has the capacity to generate pre-provisioning operating profit, or income before [&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-553837","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\/553837","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=553837"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/553837\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=553837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=553837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=553837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}