SBI Drags Feet On Controversial Adani Coal Mine Loan -

SBI Drags Feet On Controversial Adani Coal Mine Loan


Two senior State Bank of India executives, who asked not to be identified, said the bank was dragging its feet on extending part of a funding line of as much as $1 billion to Adani Enterprises Ltd., which plans to use the money for the controversial Carmichael mine. The bank’s executive committee, which will make the final decision, hasn’t had discussions about the loan this year, the officials said.



Source link

Subscribe to Infrabuddy Newsletter
Subscribe