Singapore financial sector’s exposure to Adani limited so far

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The Straits Times 4h ago

Singapore financial sector’s exposure to Adani limited so far - The Straits Times

Quick Summary:

This includes the local banking sector, where overall exposure to Adani Group is small: MAS.

Adani Group also runs an edible oil and food business in India through a joint venture with Singapore-listed Wilmar International.

Prosecutors in the US are alleging that Adani Group’s chairman Gautam Adani, alongside seven others including his nephew, promised to pay bribes to Indian government officials to win solar energy contracts.