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Friday, Nov 22, 2024

Gautam Adani indicted: JP Morgan says Indian banks not at much credit risk

Reuters
JPMorgan analysts said Indian banks' exposure to the group was around 0.3% of outstanding loans as of March and that the loans were backed by asset cover
Workers are reflected in the windows of the Canary Wharf offices of JP Morgan in London
Workers are reflected in the windows of the Canary Wharf offices of JP Morgan in London

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News business Gautam Adani indicted: JP Morgan says Indian banks not at much credit risk