Seven companies within the group got their outlook lowered by Moody’s. These include Adani Green Energy Ltd (AGEL), which is cited in the indictment, Adani Ports and Adani Transmission, among others.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.