India's finance minister says markets 'well regulated' after Adani storm

Agence France-Presse (AFP)/AFP

India remained "an absolutely well governed" country and a "very well regulated financial market", Sitharaman told broadcaster News18

Staff Writer, Agence France-Presse (AFP)

February 3, 2023

PHOTO

Indian Finance Minister Nirmala Sitharaman said Friday her country's markets were "well regulated" and she did not expect the controversy around tycoon Gautam Adani's business empire to affect investor confidence.

India remained "an absolutely well governed" country and a "very well regulated financial market", Sitharaman told broadcaster News18. "As a result I think the investor confidence which existed before shall continue even now."

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