February 20, 2018 / 3:45 AM / 6 months ago

BRIEF-IndusInd Bank Says Does Not Have Any Indirect Credit Exposures Basis LoUs Issued By PNB

Feb 20 (Reuters) - IndusInd Bank Ltd:

* CO HAS “NO DIRECT CREDIT EXPOSURES TO NIRAV MODI NOR ANY INDIRECT CREDIT EXPOSURES BASIS LOUS ISSUED BY PNB”

* SAYS "AS REGARDS GITANJALI GEMS, BANK HAS A SMALL, TWO DIGIT EXPOSURE, NOT LINKED TO ANY LOUS" Source text - bit.ly/2EUG26w Further company coverage:

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