Kotak Bank has small exposure to Adani; issues afflicting group more valuations-oriented

Paritosh Kashyap, president and head for wholesale banking at Kotak Mahindra Bank, said the issues surrounding Adani Group are more of a "capital market and valuations issue and not a credit issue." "We have a small exposure to the group. We do business with every corporate in the country, and our exposures are in line with our credit philosophy and size of our balance sheet," Kashyap told PTI in an interaction.