BANKING

Barclays has reduced its exposure to Indian conglomerate Adani following allegations made by short-seller Hindenburg Research earlier this year. Some executives are scrutinising links with the company as a regulatory probe into the claims is due to end next month, according to unnamed sources. Barclays remains among Adani's core relationship banks, and all such banks are safe in their investments and exposure to Adani companies, the conglomerate says.

from Banking/Finance-Industry-Economic Times https://ift.tt/uO1TMeY
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