Indian Regulators Aware Of Concerns On Adani Group Issue, Says Sitharaman

Nirmala Sitharaman told reporters after meeting the central bank's directors in New Delhi, the capital

Topics

Adani Group | Nirmala Sitharaman | Supreme Court

Reuters  |  NEW DELHI 



Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman

').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();

Indian regulators are aware of concerns regarding the conglomerate, the finance minister said on Saturday, responding to comments by the regarding the need for investor protection.

The regulators were experienced and seized of the matter,

told reporters after meeting the central bank's directors in New Delhi, the capital.

She declined to elaborate on what the government planned to tell the Supreme Court, however.

Investor interests need to be protected, the court had said on Friday, after hearing two cases about large investor losses following a report by a U.S. short seller on the .

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

First Published: Sat, February 11 2023. 13:41 IST


RECENT NEWS

Titi Coles Legacy In Finance: Pioneering Diversity And Leadership

Titi Cole, one of the most senior Black women in the world of finance, recently exited her high-profile role at Citi. He... Read more

Rising Rates, Rising Challenges: Bankers Adapt To Serve Troubled Companies In A Changing Economic Landscape

As interest rates climb, troubled companies are facing heightened financial pressures, prompting them to seek assistance... Read more

The Elusive Nature Of Fraud Detection: Exploring The Auditor's Dilemma

In the intricate world of financial reporting, auditors serve as guardians of integrity, tasked with uncovering discrepa... Read more

The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty

In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more

Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction

In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more

Central Banks And The Economic Horizon: Steering Through Uncertaintie

In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more