After the U.S. charged Chairman Gautam Adani of bribery, Indian lenders, including State Bank of India, are assessing their exposure to the Adani Group and determining whether they need to strengthen their due diligence before making fresh loan offers to them, according to eight bankers.

Similar initiatives are being carried out by Bank of India, Union Bank, ICICI Bank, Canara Bank, IDBI Bank, and RBL Bank, all of which have comparatively lower exposure to the company.

The lenders' credit policy toward the group would not necessarily alter as a result of a review.

According to a regulatory source with knowledge of the development, there is no need for fear from the standpoint of the financial system because no company is now overexposed to the organization.

With approved loans totaling 338 billion rupees ($4 billion), SBI has the most exposure to the Adani Group of any Indian bank, according to brokerage IIFL Securities.

According to insiders, SBI will continue to lend to ongoing Adani projects that are almost finished, but it will be cautious when making loan disbursements to make sure the group is meeting all terms and conditions.