Global banks weigh halting fresh credit to India's Adani after U.S. indictment, say sources

By Yahoo! Finance | Nov 22, 2024 at 03:58 AM EST

Some global banks are considering suspending new credit to India's Adani Group after its billionaire founder, Gautam Adani, was indicted for fraud by U.S. prosecutors. Existing loans may be maintained as the group faces financial scrutiny and potential impact on expansion plans.

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