Domestic banks’ exposure to the Adani Group is “not very significant”, and the system is strong and large enough to not get impacted by a single case, the Reserve Bank said on Wednesday.
Replying to a specific question on whether the RBI will give any guidance to lenders on their exposures to the Adani group, given certain flags raised by rating agencies, Deputy Governor MK Jain said the domestic banks’ exposures are “not very significant” and termed the exposures against shares as “insignificant”.