Answer on LIC, SBI's exposure to Adani stocks: K T Rama Rao to NDA Centre

The ruling BRS in Telangana on Saturday said the NDA government at the Centre needs to answer serious questions on LIC and SBI's large exposure to Adani Group stocks. Who "pushed" LIC and SBI to such a large exposure, the BRS claimed. "There are serious questions that need to be answered by the NDA Govt on #HindenburgReport. Why do LIC & SBI have such large exposure ?77,000 Cr & ?80,000 Crore to Adani group stocks? Who pushed them to do so? Who was aiding & abetting them in this entire episode?," tweeted State Municipal Administration Minister K T Rama Rao, son of Chief Minister K Chandrasekhar Rao. BRS MLC K Kavitha, daughter of Chandrasekhar Rao, in a statement, said the Centre should answer all the questions in the wake of the "fall and fluctuations in the LIC and SBI and market on the whole." The recent fall and fluctuations in the LIC, SBI and market on the whole, after the recent report on Adani Group is extremely worrisome. Every Indian deserves an explanation and .

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