Adani Scandal Ups Risk to Global Banks, India’s Renewables Push

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Adani Scandal Ups Risk to Global Banks, India’s Renewables Push - Asia Financial

Quick Summary:

Experts say Adani's indictment in the US for bribery and fraud is bound to make risk managers at big banks 'nervous' while increasing scrutiny on Indian renewable energy projects

The post Adani Scandal Ups Risk to Global Banks, India’s Renewables Push appeared first on Asia Financial.

Some global banks with ties to Adani are also parsing through bond and loan documentations to see if it exposed them to a risk of default or created a liability if investors decided to demand their money back, another banker said.