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Adani Stocks Crash | LIC & SBI Have Investments In Adani Group; Is Public Money At Risk?

Adani Stocks Crash | LIC and SBI have also invested in the Adani Group. The Adani Group has reportedly lost about $100 billion in market value since US short-seller Hindenburg Research's allegations of mismanagement, "fraud," and price "manipulation" surfaced a week ago. Is the public money at risk? The Reserve Bank of India (RBI) is reportedly evaluating the banking system's exposure to the Adani Group. According to banking sources, the Reserve Bank of India has requested information regarding lenders' exposures to the Adani Group after the conglomerate withdrew the Rs 20,000 crore follow-on public offer (FPO) of its flagship company Adani Enterprises in the wake of a sharp decline in its stock prices. #adanistockscrash #adanifpo #lic Times Now - Times Now News channel examines news with in-depth analysis. We provide much more than the latest news and breaking news of the day. Times Network houses upscale television channels. Times Network takes the lead with its ground-breaking innovation and disruption of a new content category. The Times Network channels, which have a global footprint in 100 countries, inform, entertain, and engage viewers of all ages with fascinating and intriguing content, news, and information. Subscribe to our channel -   / @timesnow   Check out our website: https://www.timesnownews.com Facebook:   / timesnow   Twitter:   / timesnow   Instagram:   / timesnow