How safe is the money kept in the bank after Adani issue? RBI has issued a notification –

: The incident that has come up in the center of discussion everywhere at present is the Adani-Hindeburg Issue. The whole world is watching this incident. Already after the report of Hindenburg Research, the share price of Adani Group companies has fallen by leaps and bounds. Indian tycoon Gautam Adani’s net worth is falling along with it. Adani was ranked third in the list of the world’s richest people last week as well. However, Adani’s net worth has fallen to $59 billion as of the time of writing, according to the Bloomberg Billionaires Index. Currently, he is on the 21st place in the list of the richest people in the world.

Meanwhile, ordinary depositors are worried about the safety of their money in the bank due to the Adani scandal. In this situation, the Reserve Bank of India has already issued a notification to provide confidence to crores of depositors based on the overall situation. In that notification, RBI has made it clear that currently the banks of the country are completely safe and secure. Not only that, it has also been informed by the central bank that the whole situation is being monitored constantly.

In this context, let us inform that since last week, due to the collapse of the company of Adani Group, the concern of the common people has increased. It is also known that foreign investment institutions and banks as well as several domestic banks have given large loans to Adani Group. And as a result of this, if the decline of Adani Group continues, the depositors are worried about how safe the deposits of common people will be in the bank. However, this time RBI issued a notification last Friday to deal with this situation and give courage to the depositors.

In the notification, the Reserve Bank further stated that, “Media reports have revealed a picture of concern regarding the relationship of domestic banks with a business group. However, RBI continues to monitor the banking sector as a regulator and watchdog to maintain financial stability.

Incidentally, since the publication of the report of the US company Hindenburg Research, a major decline has been observed in the empire of the Adani Group. Industrialist Gautam Adani’s company has faced huge losses in the country’s market in the last one week. In such a situation, it was also announced last Wednesday that Adani Enterprises has suspended its FPO worth Rs 20,000 crore. According to the information received, so far the value of Adani Group’s assets in the market has decreased by more than 10 thousand crore dollars or about 8 lakh 22 thousand crore rupees in Indian currency.

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