{"id":553961,"date":"2023-02-08T10:19:20","date_gmt":"2023-02-08T04:49:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=553961"},"modified":"2023-02-08T11:40:17","modified_gmt":"2023-02-08T06:10:17","slug":"indian-banks-exposure-to-adani-group-not-large-to-pose-risk-say-rating-agencies","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-banks-exposure-to-adani-group-not-large-to-pose-risk-say-rating-agencies\/","title":{"rendered":"Indian banks exposure to Adani Group not large to pose risk, say rating agencies"},"content":{"rendered":"<p>Indian banks\u2019 exposure to the controversy-hit Adani Group is not very large to pose a threat to the credit ratings of lenders at present, global rating agencies Fitch Ratings and Moody\u2019s Investors Service said on Tuesday.<\/p>\n<p>However, they believe that a higher reliance of the ports-to-energy conglomerate on banks in absence of funding from the international market may increase the risk for these lenders, especially state-run banks.<\/p>\n<p>The stocks of various listed companies of the Adani Group came under heavy selling pressure after the US-based short seller Hindenburg Research came out with a report, accusing it of a \u2018brazen stock manipulation and accounting fraud\u2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian banks\u2019 exposure to the controversy-hit Adani Group is not very large to pose a threat to the credit ratings of lenders at present, global rating agencies Fitch Ratings and Moody\u2019s Investors Service said on Tuesday. However, they believe that a higher reliance of the ports-to-energy conglomerate on banks in absence of funding from the international market may increase the risk for these lenders, especially state-run banks. The stocks of various listed companies of the Adani Group came under heavy selling pressure after the US-based short seller Hindenburg Research came out with a report, accusing it of a \u2018brazen stock [&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-553961","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/553961","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=553961"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/553961\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=553961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=553961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=553961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}