"Various parameters relating to capital adequacy, asset quality, liquidity, provision coverage and profitability are healthy. Banks are also in compliance with the Large Exposure Framework guidelines issued by the RBI," the central bank said.

The RBI added it remains vigilant and continues to monitor the stability of the Indian banking sector.

The RBI said it was issuing the comments as there had "been media reports expressing concern about the exposures of Indian

banks to a business conglomerate". It did not name the Adani Group.

(Reporting by Chris Thomas in Bengaluru; Editing by Rashmi Aich)