India's Adani tries to allay concerns as lenders step up scrutiny

India's Adani tries to allay concerns as lenders step up scrutiny

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India's Adani Group has reached out to banks to try to allay their concerns as some consider tighter credit rules for the embattled conglomerate after a botched $2.5 billion share sale and a massive sell-off in its stocks, several bankers said. Shares of Adani Group companies have lost more than…

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