Indian banking won't be affected by individual case: Shaktikanta Das

Loans are not given considering a company's market capitalisation, he says about Adani Group crisis

Indian banking is resilient and will not be "affected by an individual case", said Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday, referring to lenders' exposure to the Adani Group.

Indian banks do not lend money on the basis of a company’s market capitalisation, he said amidst questions about their exposure to Adani Group companies that saw their stocks crash last week. The appraisal to lend money is done on parameters such as underlying assets of the company, its operating cash flows, and projects under implementation, among others.

“We have made our own assessments. The large exposure framework