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Friday, November 29, 2024

Japanese banks sticking with Adani as Jefferies, Barclays review ties :ET

 


Despite US bribery charges against Gautam Adani, Japan's biggest banks, including Mizuho, Sumitomo Mitsui, and Mitsubishi UFJ, plan to maintain their support for the Indian conglomerate. While some global banks reassess their exposure, Japanese lenders, citing steady cash-generative assets, remain confident in Adani's ability to repay borrowings.


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