IndusInd Bank intimates of no direct credit exposure to Nirav Modi

Last Updated : Feb 20 2018 | 9:50 AM IST

IndusInd Bank announced that it has no direct credit exposures to Nirav Modi nor any indirect credit exposures basis the LOUs issued by PNB.

As regards Gitanjali Gems, the Bank has a small, two digit exposure, not linked to any LOUs.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Tinna Rubber & Infrastructure gets allots 85.64 lakh shares in Tinna Trade

First Published: Feb 20 2018 | 9:23 AM IST