Adani-Hindenburg saga: Limited threats for Indian financial institutions, zero affect sovereign studies, claims Fitch Feedback
Inside the a statement approved the credit rating agency told you: “Fitch Studies thinks that Indian banks’ contact with the brand new Adani classification was shortage of by itself presenting nice risk into banks’ standalone credit profiles. Indian banks’ Issuer Standard Evaluations (IDRs) most of the are nevertheless passionate because of the requirement the banks perform receive over the top sovereign help, if needed.”