"Hindenburg report a full planned conspiracy against India"
<p>After being into headlines, certainly there is a sign of relief to CEO of Adani Group. As the MD and CEO of Bank of Baroda Sanjiv Chadha has recently confirmed that the bank would continue providing loan to the Adani group.Industrialist Gautam Adani’s group on Sunday termed the serious allegations levelled by financial research firm Hindenburg Research as a “planned attack on India, its institutions and the growth story” and said the allegations were “nothing but lies”. The Adani Group further said the Hindenburg report was motivated by a “hidden intent “nothing but intended to create a “false impression” to benefit the US-based firm financially. “This is not just an unwarranted attack on a specific company, but a planned attack on India, the independence, integrity and quality of Indian institutions, and India’s growth story and ambitions,” the group said. ’While making it clear to the audience Sanjiv Chadha said, “For us, any lending decision is based upon, again, the </p>
10:39 AM Feb 05, 2023 IST
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mediology
After being into headlines, certainly there is a sign of relief to CEO of Adani Group. As the MD and CEO of Bank of Baroda Sanjiv Chadha has recently confirmed that the bank would continue providing loan to the Adani group.
Industrialist Gautam Adani’s group on Sunday termed the serious allegations levelled by financial research firm Hindenburg Research as a “planned attack on India, its institutions and the growth story” and said the allegations were “nothing but lies”. The Adani Group further said the Hindenburg report was motivated by a “hidden intent “nothing but intended to create a “false impression” to benefit the US-based firm financially. “This is not just an unwarranted attack on a specific company, but a planned attack on India, the independence, integrity and quality of Indian institutions, and India’s growth story and ambitions,” the group said. ’
While making it clear to the audience Sanjiv Chadha said, “For us, any lending decision is based upon, again, the
assessment of risk and the return on that particular exposure. I
don’t think we will be changing that at all. Anything that meets
our underwriting criteria is a lendable proposition for us.”
assessment of risk and the return on that particular exposure. I
don’t think we will be changing that at all. Anything that meets
our underwriting criteria is a lendable proposition for us.”
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