Adani Share Price: Indian banks including SBI are reassessing their exposure to Adani stocks following bribery and fraud charges against Chairman Gautam Adani. While some global banks reconsider their stance, Japanese banks plan to maintain their support. SBI remains cautious but will continue funding near-completion projects of the Adani group.
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.