Fitch flags contagion risk at two Adani Group entities
- March 30, 2023
- Posted by: OptimizeIAS Team
- Category: DPN Topics
No Comments
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