IDBI Bank says has near $328 m exposure to cos affected by coal ruling

Reuters Updated - March 13, 2018 at 10:40 AM.

Indian state-run lender IDBI Bank Ltd has close to 20 billion rupees ($328 million) loan exposure to companies affected by a Supreme Court order scrapping coal blocks but not all of it will be problematic, the lender's head said on Wednesday.

"We are assessing," M.S. Raghavan, chairman and managing director of IDBI Bank, told Reuters after the Supreme Court's verdict.

Published on September 24, 2014 09:58