Mirror Now
@mirrornow·2.2M subscribers·145K videos
FM Nirmala Sitharaman's Response On Adani Stock Fall: 'Banking System At Comfortable Level' | News
Posted
February 3, 2023
Views
156
February 3, 2023
156
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
You’re on February 3, 2023. Earlier episodes are to the left, later ones to the right — the row keeps loading as you go. Click any card to open it.
Feb 3, 20233:52Now PlayingFinance Minister Nirmala Sitharaman downplayed the threat to the Indian banking system and lenders posed by the protracted dispute between US-based short-seller Hindenburg and the Adani Group, founded by Indian business billionaire Gautam Adani. She also stated that the Indian banking system has recovered from the twin-balance-sheet crisis and is now at a comfortable level, with NPAs at historically low levels, recoveries, and a healthy position. Both the SBI and the LIC have stated that they are not overexposed. "They have stated unequivocally that their exposure (to Adani Group equities) is well within the legal limits, and that even with valuations falling, they are still profitable. That is the official word from the horse's mouth," stated FM Sitharaman.
#FinanceMinister #NirmalaSitharaman #GautamAdani #SBI #LIC #AdaniEnterprises
SUBSCRIBE NOW |
For More Updates ►
Like us on Facebook ►
Follow us on Twitter ►
Follow us on Instagram ►
Subscribe to our other network channels:
Times Now Navbharat
Pushed via Slike
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
