MAS: Banking sector’s overall exposure to India's Adani Group is small
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SINGAPORE — The Singapore banking sector's overall exposure to the Adani Group, the Indian conglomerate embroiled in bribery and fraud allegations by US authorities, is small, the Monetary Authority of Singapore said on Monday (Nov 25). «Banks have iMAS: Banking sector’s overall exposure to India's Adani Group is small
SINGAPORE — The Singapore banking sector's overall exposure to the Adani Group, the Indian conglomerate embroiled in bribery and fraud allegations by US authorities, is small, the Monetary Authority of Singapore said on Monday (Nov 25). «Banks have in place measures to review and manage their exposures to borrowers and counterparties,» an MAS spokesperson said in a statement. Read more