SBI can also earn pre-provisioning operational profit or revenue before deducting future lousy debt provisions, which explains why the Adani debt will not be a problem for SBI.
3. SBI can also earn pre-provisioning operational profit
or revenue before deducting future lousy debt
provisions, which explains why the Adani debt will
not be a problem for SBI.
4. The chairman of SBI stated that the Adani Group has
not recently received finance from SBI
The Union Bank of India was likewise unconcerned about its
exposure to the conglomerate, according to a bank official who
spoke anonymously because the topic was confidential.
5. Dinesh Kuma Khara, the chairperson of SBI,
says, “Everything is standard” when asked
about the Adani debt case