“Indian banking exposure is less than 40% of total group debt,” CLSA said in its report dated January 26. Within this, private banks’ exposure is below 10% of total group debt and most banks have indicated that they have largely financed assets with strong cash flows, such as airports/ports,” it said.source https://economictimes.indiatimes.com/industry/banking/finance/banking/no-significant-risk-to-indian-banking-system-from-adani-group-clsa/articleshow/97359046.cms
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