{
Sumitomo Mitsui Financial Group Inc

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japanese banks maintain support for adani amid bribery allegations

Japanese banks, including Mizuho Financial Group, Sumitomo Mitsui Financial Group, and Mitsubishi UFJ Financial Group, are maintaining their support for Gautam Adani despite recent US bribery charges against him. These institutions believe the situation will not have a lasting impact and are open to future financing opportunities. In contrast, global firms like Barclays are reassessing their ties to the Adani Group, which has denied the allegations and is actively engaging with lenders to clarify its position.
Moneycontrol
Barclays PLC Mizuho Financial Group Inc Sumitomo Mitsui Financial Group Inc Mitsubishi UFJ Financial Group, Inc. IND Gautam Adani Show more
Regulatory & Legal, News Article
05:22 29.11.2024
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