RBI looking at its bank exposure, Know in detail

The owner of Adani Enterprises Mr Gautam Adani is in the Headlines since he was out of the list of richest people across Asia, and today again he is in the news. According to the latest updates The Reserve Bank of India (RBI) is looking into the details of banks’ exposure to Adani group companies and has sought the present status of these loans, people familiar with the matter.Must Read : After Tunisha, Avneet Kaur to play Shehzaadi Mariam in Ali baba-Daastan-E-Kabul?RBI has already reached to some of the lenders of the group and is engaging with lenders to verify the exposure details. Talking about the lenders, the banks which have given loans to the Adani Group include Punjab National Bank, which has around Rs 7000 crore exposure to the Adani group. Other than that IndusInd Bank, in a clarification to stock exchanges said the bank’s total loan outstanding towards the Group is at 0.49 percent of the bank’s loan book. Further, the totals non-fund outstanding is at 0.85 percent o

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