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

SBI, LIC exposure within permitted limits; markets well regulated: Nirmala Sitharaman on Adani-Hindenburg row

NEW DELHI: Finance minister Nirmala Sitharaman on Friday said she did not expect the ongoing controversy around Adani Group to affect investor confidence as India's banking system is sound and the financial markets are "well regulated".

Shares of Adani Group companies have nosedived in the last 7 sessions, after an adverse report by Hindnenburg Reaearch which alleged accounting manipulations by the group.

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