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SBI drags feet on loan to Adani firm for controversial Australian coal mine
The Carmichael mine has been the focus of environmental protests since it was proposed in 2010. SBI shareholders have joined the opposition. BlackRock and Norway’s Storebrand ASA raised their objections over the past year, and Amundi SA divested its holdings of SBI’s green bonds because of the bank’s ties to the Carmichael mine.
SBI Chairman Dinesh Kumar Khara, who took charge in October, is reticent to disburse the funds to Adani given the opposition to the Australian project, bank officials said. Still, no decision has yet been made about the loan, they said.
India reports a record 131,968 new COVID-19 infections
Harsh Vardhan said on Thursday there was no shortage of shots for the groups eligible for vaccination, with more than 43 million doses in stock or in the pipeline. India has been inoculating about 4 million people a day.
He informed that 0.46 per cent of active COVID-19 patients are on ventilators and 2.31 per cent are in ICU.
India records over 1.26 lakh new COVID-19 cases, highest this year
With 685 new COVID-related deaths in the last 24 hours, the toll in the country has mounted to 1,66,862. Currently, there are 9,10,319 active cases in the country. As many as 59,258 people were discharged or recovered from the disease during the same period.
Ten states including Maharashtra, Chhattisgarh, Karnataka, Uttar Pradesh, Delhi, Madhya Pradesh, Tamil Nadu, Gujarat, Kerala and Punjab have shown a steep rise in the daily COVID-19 cases accounting for 84.21 per cent of the 1,26,789 new infections, the health ministry said on Thursday.
Covid: New Zealand suspends entry for travellers from India starting Apr 11
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