SBI Chairman Dinesh Kumar Khara Talks About Banks Exposure In Adani: 'No Default From This Entity'

Adani Enterprises Ltd has called off its 20,000-crore follow-on share offer a day after it was completely subscribed, the firm said in a statement. The company said it cancelled the follow-on public offering, or FPO, due to market volatility and will refund investors' FPO funds. The SBI Chairman, Dinesh Kumar Khara has spoken to Times Now saying that "Our exposure is to the physical assets and they are having adequate cash generation and we have not experienced in the past any kind of a default from this entity and we don't expect to have any challenge because the assets are having very robust cashflow," says Dinesh Kumar Khara. This come on the back of concerns over the debts of the Adani enterprises. Watch the entire video to know more! #GautamAdani #AdaniEnterprises #FPO #SBI #DineshKumarKhara Times Now - Times Now News channel examines news with in-depth analysis. We provide much more than the latest news and breaking news of the day. Times Network houses upscale television channels. Times Network takes the lead with its ground-breaking innovation and disruption of a new content category. The Times Network channels, which have a global footprint in 100 countries, inform, entertain, and engage viewers of all ages with fascinating and intriguing content, news, and information. Subscribe to our channel - https://bit.ly/SubscribeToTimesNow Check out our website: https://www.timesnownews.com Times Now News App : https://bit.ly/3AD5qqN Connect with us on our social media handles: Facebook:   / timesnow   Twitter:   / timesnow   Instagram:   / timesnow   Subscribe to our other network channels: Times Now Navbharat: https://bit.ly/SubscribeToTNNavbharat Zoom: https://bit.ly/SubscribeToZoom Mirror Now: https://bit.ly/SubscribeToMirrorNow ET Now: https://bit.ly/SubscribeToETNow TN+: https://bit.ly/SubscribeToTNPlus Pushed via Slike