Fitch flags contagion risk at two Adani Group entities

  • March 30, 2023
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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Fitch flags contagion risk at two Adani Group entities

Subject: Economy

Section: Financial Market

What is a contagion risk?

Contagion risk—which is also referred to as systemic risk—is here defined as the risk that financial difficulties at one or more bank(s) spill over to a large number of other banks or the financial system as a whole

economy Fitch flags contagion risk at two Adani Group entities