Adani Group | Bank of Baroda extends hand to Adani group to get them out of their difficult times, CEO Sanjeev Chadha said – ready to give loan

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Bank of Baroda extends hand to Adani group to get them out of their difficult times, CEO Sanjeev Chadha said – ready to give loan

New Delhi : A big news has come out to give relief to the Adani Group in this difficult time. Gautam Adani, who is included in the list of the rich of the country and the world, is now slowly getting relief from the protests going on against him. The country’s biggest banks have opened their doors to give loans to the Adani group. Bank of Baroda CEO Sanjeev Chadha said during an interview on Monday that Bank of Baroda is ready to give loan to Adani group.

Sanjeev Chadha said that he is ready to give loan to Adani group even further. If the Adani group meets the bank’s underwriting standards, the bank will definitely consider giving more loans. He said that I am not worried about the ups and downs in the shares of Adani Group.

Relief to Adani Group

At the right time, CEO Sanjeev Chadha has talked about giving loan to Adani Group, when Adani Group has an outstanding bridge loan of about $ 500 million. For whose refinancing some banks are retreating. Banks are withdrawing from this case because Hindenburg has made many allegations against Adani Group. In such a situation, the Adani group has got a big relief from Bank of Baroda.

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filed a petition in the court

It may be noted that due to Hindenburg’s allegations, there has been a huge fall in the shares of Adani Group’s assets and companies in the last few months. Although the Adani group has called Hindenburg’s research report and all the allegations false and has also filed a petition in the court.

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