IndusInd Bank intimates of no direct credit exposure to Nirav Modi
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.
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First Published: Feb 20 2018 | 9:23 AM IST