Yahoo India Web Search

Search results

1. www.livemint.com › companies › newsWhy Adani wants ₹ 14,000 cr loan from SBI - Mint

   www.livemint.com › companies › news

   • Cached

   Jul 20, 2022 · MUMBAI : Adani Group has approached the country’s largest lender, State Bank of India (SBI), for a ₹ 14,000 crore loan to build a coal-to-polyvinyl chloride (PVC) plant in Gujarat’s...

2. Videos

   • 

     5:17

     youtube.com

     '...SBI Gives A $1 Billion Loan To Adani': Rahul Gandhi Over Adani Row | Rahul Gandhi in Lok Sabha

     7 Feb 2023

     11.4K views

   • 

     2:24

     youtube.com

     Adani secures $3 billion loan from wealth fund| Business News| English News| W

     1 Mar 2023

     7.3K views

   • 

     3:24

     facebook.com

     Adani Mess: SBI Issues 1st Statement; 'Exposure Is 0.9 % Of Overall Loan Book,' Chairman Says

     3 Feb 2023

     3.9K views

   View all

3. newsmeter.in › fact-check › factcheck-did-sbi-waiveFactCheck: Did SBI waive off Adani's Rs 12,770 crore loan?

   newsmeter.in › fact-check › factcheck-did-sbi-waive

   • Cached

   Apr 6, 2022 · The matter went viral on social media after several major Telugu news outlets reported that SBI had written off Adani's debt of Rs 12,770 crore. However, SBI did not waive the loan of Adani company. Underwriting means that they will guarantee the loan of Rs 12,770 crore to Adani. SBI will be liable if Adani companies fail to repay this loan.

   • 4/5

4. www.opindia.com › 2022 › 04Did SBI 'write-off' Rs.12,770 crores given to Gautam Adani ...

   www.opindia.com › 2022 › 04

   • Cached

   Apr 8, 2022 · As the loan has only been approved by SBI, there is no question of waiving the loan, as Adani group has not defaulted on payments. Hence, it is outrightly wrong to say that the SBI has written off or waived off a loan of Rs.12,770 crores given to the Adani group.

5. www.thehindu.com › business › IndustrySBI underwrites the entire debt of ₹12,770 crore of Adani’s ...

   www.thehindu.com › business › Industry

   • Cached

   Mar 29, 2022 · Navi Mumbai International Airport Private Ltd. (NMIAL), a subsidiary of Adani Enterprises Limited (AEL), on Tuesday said it has achieved financial closure for the greenfield international airport...

6. www.business-standard.com › article › companiesAdani Group approaches SBI for Rs 14,000 crore loan: Report

   www.business-standard.com › article › companies

   • Cached

   Jul 21, 2022 · Adani Group has approached the State Bank of India (SBI) for a loan worth Rs 14,000 crore to build a new plant in Mundra in Gujarat. The new facility is being planned to manufacture polyvinyl chloride (PVC) from coal, a Mint report stated.

7. www.businesstoday.in › latest › corporateSBI gave Rs 21,000-cr loans to Adani Group firms: Report

   www.businesstoday.in › latest › corporate

   • Cached

   Feb 2, 2023 · Country's largest public lender State Bank of India has given loans of as much as Rs 21,000 crore ($2.6 billion) to Adani Group firms, said a report on Thursday. This is half of what is allowed...

8. People also ask

   Did SBI write off Adani Group loan?

   • As the loan has only been approved by SBI, there is no question of waiving the loan, as Adani group has not defaulted on payments. Hence, it is outrightly wrong to say that the SBI has written off or waived off a loan of Rs.12,770 crores given to the Adani group.

   Did SBI 'write-off' Rs.12,770 crores given to Gautam Adani ... - OpIndia

   www.opindia.com/2022/04/loan-underwriting-adani-sbi-congress-fact-check/

   See all results for this question

   Did SBI write off Adani's debt?

   • The matter went viral on social media after several major Telugu news outlets reported that SBI had written off Adani's debt of Rs 12,770 crore. However, SBI did not waive the loan of Adani company. Underwriting means that they will guarantee the loan of Rs 12,770 crore to Adani. SBI will be liable if Adani companies fail to repay this loan.

   FactCheck: Did SBI waive off Adani's Rs 12,770 crore loan? - Newsmeter

   newsmeter.in/fact-check/factcheck-did-sbi-waive-off-adanis-rs-12770-crore-loan-693929

   See all results for this question

   Did SBI waive Adani loan?

   • However, SBI did not waive the loan of Adani company. Underwriting means that they will guarantee the loan of Rs 12,770 crore to Adani. SBI will be liable if Adani companies fail to repay this loan. The definition of underwriting can be found here. Here are the things that banks usually consider when offering to underwrite.

   FactCheck: Did SBI waive off Adani's Rs 12,770 crore loan? - Newsmeter

   newsmeter.in/fact-check/factcheck-did-sbi-waive-off-adanis-rs-12770-crore-loan-693929

   See all results for this question

   Can Adani bank service its loans?

   • Other domestic banks are also confident the Indian group can service its loans. State-run Punjab National Bank’s exposure to Adani companies was 70 billion rupees, Atul Goel, its chief executive, told reporters last month. About a third of it was to Adani’s airport business and cash-flows back the entire advances, Goel said.

   adani sbi loans: India's largest bank SBI has $2.6 billion of loans to

   economictimes.indiatimes.com/industry/banking/finance/banking/indias-largest-bank-sbi-has-2-6-billion-of-loans-to-adani/articleshow/97551278.cms

   See all results for this question

9. economictimes.indiatimes.com › news › economyAdani group in talks with SBI to raise Rs 12,000 cr loan to ...

   economictimes.indiatimes.com › news › economy

   • Cached

   May 29, 2022 · The Adani Group is in talks with the State Bank of India ( SBI) to raise about Rs 12,000 crore in long-term project loans that would be utilised to build the Ganga Expressway, billed as the country’s longest and linking Meerut in the northwest of Uttar Pradesh to Prayagraj in the state’s east. #Elections with ET.