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The Times of India
The Times of India
Business
TIMESOFINDIA.COM

Banking sector remains resilient and stable, says RBI

RBI Adani SBI Adani Group Hindenburg Research New Delhi

NEW DELHI: The Reserve Bank of India (RBI) on Friday said that the Indian banking sector remains resilient and stable.

The central bank's official statement comes amid worries in some quarters over bank's exposure to Adani group companies. The Adani shares have lost nearly $120 billion since the publishing of an adverse report by Hindenburg Research on January 24.

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