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Yup you're right. It's more like Adani's lenders might threaten social stability if Adani becomes insolvent. But I'm pretty sure the govt will give SBI a cash i
by safog 4y ago
Yup you're right. It's more like Adani's lenders might threaten social stability if Adani becomes insolvent. But I'm pretty sure the govt will give SBI a cash injection and have them loan that amount to Adani in the event that things actually get bad.
- vishnugupta 4y ago> But I'm pretty sure the govt will give SBI a cash injection and have them loan that amount to Adani in the event that things actually get bad. It's exactly (in content) what I wrote to my friends while we were discussing this in WhatsApp. "If push comes to shove RBI could well bail out Adani through some complicated deal....they'll bail out LIC and SBI for sure...through those entities I meant not directly"