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gautam adani coal loan: gautam adani 1 billion dollar coal loan matter- अडानी ने विवादास्पद कारमाइकल खदान के लिए लोन की मांग की है।
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SBI drags its feet on billionaire Adani coal loan
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Last Updated: Apr 09, 2021, 11:32 AM IST
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Two senior State Bank of India executives, who asked not to be identified, said the bank was dragging its feet on extending part of a funding line of as much as $1 billion to Adani Enterprises Ltd., which plans to use the money for the controversial Carmichael mine.
Agencies
Adani said in a statement that construction of the Carmichael Mine is “well underway and we are on track to export” coal in 2021. The company added that its mine and rail projects are fully funded.
Apr 09 2021, 7:59 PM
April 09 2021, 2:30 AM
April 09 2021, 7:59 PM
(Bloomberg) Indiaâs largest bank hasnât decided whether to help finance an Australian coal mine following mounting pressure from climate activists and investors, including BlackRock Inc.
(Bloomberg) Indiaâs largest bank hasnât decided whether to help finance an Australian coal mine following mounting pressure from climate activists and investors, including BlackRock Inc.
Two senior State Bank of India executives, who asked not to be identified, said the bank was dragging its feet on extending part of a funding line of as much as $1 billion to Adani Enterprises Ltd., which plans to use the money for the controversial Carmichael mine. The bankâs executive committee, which will make the final decision, hasnât had discussions about the loan this year, the officials said.
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