New Delhi. Things are not going well these days for Adani Group director Gautam Adani. At first Hindenburg opened the wrist of his company. Hindenburg has alleged that the Adani Group kept its economic plight hidden from the investors, so that no negative image could be created among the investors about his group, but Hindenburg exposed the Adani Group. After this, the trust of the investors was broken on him. As a result, there was a significant decline in the shares of Adani Group listed companies in the stock market. Investors distanced themselves from Adani Group. Alam is that right now any investors are hesitating to invest in Adani Group.
On the other hand, there is an uproar on the political front regarding this whole issue. During the budget session in the Parliament, the opposition parties are demanding an impartial inquiry from the Central Government, but the Government has made it clear that the Government has nothing to do with it. However, now it has to be seen what action the government takes in this whole matter in the coming days. Everyone’s eyes will be fixed on this, but before that a big statement of Union Finance Minister Nirmala Sitharaman has come out on this whole episode. Come, let us tell you what he has said on this.
Let us tell you that first of all he has made it clear that the government has nothing to do in this whole matter. In the last five days, the Enterprises ticket lost 49.60 percent. Earlier also a statement has been issued on behalf of LIC and SBI, in which it has been clarified that the government has nothing to do with it. Keep in mind that LIC and SBI have already clarified that the exposure of Adani Group has been limited to them. However, according to the information received from LIC in this context, Rs 36,474.78 crore has been disclosed by the Adani Group in this entire matter.
On the other hand, SBI has made it clear that whatever has happened in Adani Group, it has nothing to do with SBI. ACBI further said in its statement that at present SBI is facing dual banking balance sheet. Apart from this, improvement is also being seen in NPA. It should be noted that the above statement has been issued by the Union Finance Minister at a time when there is uproar in the Adani Group.