Moody’s stated that although the exposures to Adani group are larger for public sector banks than for private sector banks, they are smaller than 1 per cent of total loans for most banks...

Ratings of banks remain driven by expectations that the banks would receive extraordinary sovereign support if needed...

The ratings agency added that it expected no material changes to the group's cash flow forecast...

Bloomberg report says withdrawal is done at company’s request...

'We expect the economy to slow given the global economic backdrop, elevated inflation and tighter monetary policy'...

Fitch subsidiary CreditSights sparked a debate over mounting debt on the books of the Adani companies...

Report highlights group’s strong relationship both with banks and the Narendra Modi-led government at the Centre...

‘We expect robust growth relative to peers to support credit metrics in line with the current rating’...

'The country's economy continues to see a solid recovery from the Covid-19 pandemic shock,' the rating agency said...

This is due to the violent clashes between anti- and pro-government protesters in the country on May 9...