Have you ever heard or seen a bank going out and declare that I will give loan to a company, will give loan to a company, will give loan to a company? Especially one that is dealing with one of the wort market crisis and whose shares are dwindling every second day for the past three weeks?
Well, but there’s a bank which has decided to do that. One of the biggest public sector bank in the country Bank of Baroda has said that it will continue to give loan to Adani group companies whose shares have been battered since the Hindenburg research report alleging stock manipulation and corporate fraud. Chief executive officer and managing director of Bank of Baroda Sanjiv Chadha has said this in an interview to Bloomberg
Let’s talk about this in today’s video.
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