With Adani, SBI will also go down
Sbi shares can also be a victim of falling due to Adani. India’s largest bank has a loan of USD 2.6 billion to Adani Group. If you are a shareholder of State Bank of India or have taken a mutual fund anywhere in which the investment is directly in The State Bank of India, then I am not afraid but I am telling you that some things are true.
After the foreign report on the Adani Group, there is a chaos in the shares of the Adani Group. Many of the company’s shares have come at less than half the price. In GulfHindi.com, we made a report in this regard in the morning and shared it.
Impact on SBI along with Adani.
If the Adani group drowns, things will be like those memories of the film world where this dialogue would have been very famous” Hum Todge Sanam Tumhe Bhi Le Dubenge”. I am saying this because a lot of things are connected to each other like links.
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The Adani Group has taken a loan of US $ 2.6 billion from India’s largest bank State Bank of India to increase its business and do business, which is equivalent to Rs 2,13,66,17,60,000.0.
You will not even be able to count properly whether it is a thousand crores or lakhs. Sbi has given a loan of two thousand lakhs of crores to the Adani Group. If the Adani group gets into trouble in any situation, then the group may have difficulty in repaying the loan and as a result, the State Bank may suffer a big loss.
Your and our money is kept in the bank and ultimately it will be affected and collectively the money of the general public will go and the shareholders will suffer due to the loss to the bank.