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SBI has given Rs 21,000 crore loan to Adani Group, nothing to worry about, says SBI Chairman

After the cancellation of the FPO by the Adani Group, the company’s shares recorded a decline on Thursday as well

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SBI has given Rs 21,000 crore loan to Adani Group, nothing to worry about, says SBI Chairman

India’s largest government bank State Bank of India (SBI) has given a loan of Rs 21,000 crore ($ 2.6 billion) to Adani Group firms. This amount is half of what the State Bank of India is allowed to lend under the rules. This has been revealed in a report that came on Thursday.

It has been said in the report that the money given by SBI to Adani also includes $ 200 million from its foreign units. SBI Chairman Dinesh Kumar Khara said on Thursday that Adani group companies affected by the turmoil are servicing loans and he does not see any immediate challenge to what the bank has lent so far. Bloomberg has shared this information citing a source.

On Thursday, SBI shares were trading almost flat at Rs 527.75 on the BSE. After a report by US-based firm Hindenburg, there was a tremendous loss of market capitalization to Adani Group companies. According to a report, Adani Group companies lost $100 billion in market capitalization in a week after Hindenburg’s report. In this report of Hindenburg, questions were raised on the financial functioning of Adani Group companies.

After this report came out, there has been a huge fall in the shares of Adani Group. However, the Gautam Adani-led Adani Group called these allegations baseless and misleading. He claimed that in this report an attempt has been made to mislead the public. Adani Group had also talked about taking this matter to the court.

RBI seeks reports from Public Sector Banks on loan to Adani Group companies

On Thursday the Reserve Bank of India has sought information from all the public sector banks on how much loan they have given to Adani Group companies. News agency Reuters has given this information.

According to a Reuters report, the information sought by the RBI includes the list of properties of the Adani Group which have been considered as collateral for the loan. Apart from this, a list of indirect risks of banks in Adani Group has also been sought.

SBI Chairman Dinesh Kumar Khara told Reuters last week that there was nothing to worry about the risks with the Adani Group. He had said that Adani Group has not taken any funds from the bank in the recent past.

An organisation named Societe Generale said on Wednesday that Adani Group has only 0.6 percent exposure to the Indian banking sector.

After the cancellation of the FPO by the Adani Group, the company’s shares recorded a decline on Thursday as well. After this, the market loss of this giant company has gone up to 100 billion dollars.

On Thursday, the stock of Adani Enterprises fell nearly 20 per cent, reaching its lowest level since March 2022. Other companies of this group were also seen under pressure. Adani Ports and Special Economic Zone were down 5 per cent each, while Adani Total Gas, Adani Green Energy and Adani Transmission were down 10 per cent each.

If we talk about Punjab National Bank, then the total exposure of this bank in Adani Group is Rs 7,000 crore.

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Trinamool Congress hits back after BJP twists Mamata Banerjee’s remark on religion at Eid event

“Efforts are underway to incite riots, but I implore you not to get ensnared by these tactics. The West Bengal government is dedicated to protecting minority rights, and we will not allow tensions to arise in the state,” she asserted.

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The Trinamool Congress (TMC) on Monday hit back at the BJP after its leaders twisted West Bengal Chief Minister Mamata Banerjee’s remark on religion during an event on the occasion of Eid in Kolkata.

Dismissing the BJP accusations against Banerjee of insulting the Hindu religion, Trinamool Congress state vice president Jaiprakash Majumdar said that the party supremo has never criticised the Hindu religion but has consistently opposed the BJP’s communal agenda.

“She has always spoken out against the BJP’s divisive politics, positioning itself as the self-appointed custodian of Hindu interests,” Majumdar said.

During an Eid celebration in Kolkata, CM Banerjee stated, “I adhere to the principles of Shri Ramakrishna Paramahansa and Swami Vivekananda, and I do not subscribe to the ‘ganda dharam’ propagated by some factions, including the BJP, who themselves are misaligned with true Hindu values.”

Retorting sharply to Banerjee’s remarks about the BJP’s “divisive politics,” the saffron party accused her of undermining Hindu beliefs, labelling the BJP’s ideology as contrary to the core tenets of Hinduism.

Addressing the gathering at Red Road in Kolkata, Banerjee urged citizens to remain vigilant against provocations that could spark communal unrest, affirming the state’s commitment to maintaining peace and harmony.

In reply, Leader of the Opposition in the West Bengal Assembly, Suvendu Adhikari, challenged Banerjee’s comments, asking, “Which faith are you labelling as ‘ganda’ (dirty)? Is it the Sanatan Hindu Dharma? Why would you use such incendiary language at an Eid celebration? Was this a religious observance or a political statement? Your words are sowing discord and animosity between communities.”

Banerjee, the Trinamool Congress supremo, further said that no religion advocates hatred towards others, criticizing political leaders and parties that exploit communal sentiments for their own gain. She cautioned against attempts to instigate riots, urging the public to resist such provocations.

“Efforts are underway to incite riots, but I implore you not to get ensnared by these tactics. The West Bengal government is dedicated to protecting minority rights, and we will not allow tensions to arise in the state,” she asserted.

Challenging the BJP further, Banerjee asked, “If the BJP has grievances with minorities, do they intend to amend the Constitution of the country?”

Reiterating her commitment to interfaith respect, she condemned the BJP’s divisive strategy, which she termed “jumla politics.”

Additionally, she criticized the Left, stating, “The ideologies of the Left and the BJP have converged, but rest assured, I will not allow any harm to befall you.”

Meanwhile, adding to his party leader in attacking the chief minister, BJP IT cell chief Amit Malviya remarked, “Is Mamata Banerjee suggesting that Sanatan Dharma is ‘Ganda Dharam’? Amidst numerous riots targeting Hindus during her tenure, she belittles their faith and offers a platform for further hostility against them, even at an Eid celebration. This is unacceptable.”

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Nidhi Tewari, an IFS officer, appointed personal secretary to PM Modi

Originally from Mehmurganj in Varanasi, which has been Prime Minister Modi’s Lok Sabha constituency since 2014, her professional background adds a layer of significance to her appointment.

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Nidhi Tewari has been appointed as the private secretary to Prime Minister Narendra Modi, as officially announced in a memorandum issued by the central government. Tewari, a 2014-batch Indian Foreign Service (IFS) officer, assumes this critical role following her previous position as Deputy Secretary in the Prime Minister’s Office (PMO) since November 2022.

In her earlier role, Tewari worked as an Under Secretary in the Disarmament and International Security Affairs Division at the Ministry of External Affairs (MEA). There, she handled vital responsibilities related to External Affairs, Atomic Energy, and Security Affairs. Additionally, she managed issues pertaining to the state of Rajasthan, showcasing her diverse expertise in both domestic and international matters.

The formal appointment of Tewari, effective immediately, was approved by the Appointments Committee of the Cabinet. This decision was documented in a memorandum issued by the Department of Personnel and Training (DoPT) on March 29, indicating a structured process behind her selection.

Tewari’s journey to this notable position reflects not only her dedication but also her impressive track record in civil services. She secured the 96th rank in the 2013 Civil Services Examination, a testament to her hard work and determination. Originally from Mehmurganj in Varanasi, which has been Prime Minister Modi’s Lok Sabha constituency since 2014, her professional background adds a layer of significance to her appointment.

Before entering the Indian Foreign Service, Tewari worked as an Assistant Commissioner (Commercial Tax) in Varanasi. Balancing her job responsibilities while preparing for the Civil Services Examination speaks volumes about her ability to manage challenging tasks effectively.

With Nidhi Tewari’s appointment, Prime Minister Modi now has his third private secretary, following Vivek Kumar and Hardik Satishchandra Shah, who have both previously held the position. Tewari’s extensive experience and familiarity with various affairs make her well-suited for this influential role, as she steps into a vital position within the Prime Minister’s close circle. Her diverse background and commitment to public service are expected to serve her well in this new capacity.

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Filmmaker Sanoj Mishra arrested for raping woman for 4 years on pretext of marrying her

The case revolves around allegations made by a 28-year-old woman from a small town, who accused Mishra of repeatedly raping her over four years under the false promise of marriage.

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Sanoj Mishra, a filmmaker known for offering a role to viral sensation Monalisa during the Kumbh Mela, was arrested by the Delhi Police on Monday for allegedly raping an aspiring female actor for over four years on the pretext of marrying her.

The 45-year-old director, who lives with his family in Mumbai, was apprehended in Ghaziabad following extensive intelligence work and technical surveillance.

The arrest came after the Delhi High Court rejected Mishra’s bail application, paving the way for his custody by the Nabi Karim Police Station. The case revolves around allegations made by a 28-year-old woman from a small town, who accused Mishra of repeatedly raping her over four years under the false promise of marriage.

According to the complainant, she had been in a live-in relationship with Mishra in Mumbai while pursuing her dream of becoming a film actor. She further alleged that Mishra coerced her into undergoing abortions on three separate occasions. In her complaint, lodged on March 6, 2024, she also claimed that Mishra betrayed her trust by refusing to fulfill his marriage commitment.

The Delhi Police confirmed that an FIR was registered against Mishra under multiple sections, including rape, assault, causing miscarriage without consent, and criminal intimidation. The woman’s allegations were substantiated during her statement recorded under Section 164 of the Criminal Procedure Code (CrPC). Authorities also collected medical evidence related to the alleged abortions from Muzaffarnagar, strengthening the case.

The incident that prompted the complaint occurred on February 18, 2025, when Mishra allegedly took the victim to Hotel Shiva in Nabi Karim. According to the police, he engaged in physical relations with her during this encounter before abandoning her, which led her to report the matter to the authorities.

Mishra’s arrest marks a significant development in the case, following the Delhi High Court’s decision to deny him bail after a detailed review of the evidence. The filmmaker, who gained attention for his work in the film industry, now faces serious legal consequences as the investigation continues.

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