Total SBI loans to Adani group is at 0.88%: SBI

New Delhi, Feb 04: The country's largest lender SBI on Friday said its overall exposure to the Adani Group is at 0.88 percent of the book or around ₹ 27,000 crores.

 

 

 

SBI chairman Dinesh Khara said the bank does not envisage the ports-to-mining group facing any challenge to service its debt obligations and stressed that SBI has not given any loans against shares to the group.

 

 

 

Lending to Adani Group projects is with regard to ones having tangible assets and adequate cash flows, Khara said, adding that the group has an excellent repayment record.

 

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He also said there has not been any refinance request, which has come from the Adani group.