Adani US Indictment: There's enough cash to cover 30 months of debt payments

  • Posted on November 22, 2024
  • By Business News Today
  • 1 Views
Adani US Indictment: There's enough cash to cover 30 months of debt payments

The Adani Group may need to reduce investments due to limited access to global capital markets. Domestic banks may also hesitate to provide new loans. The group has a substantial debt, but lenders believe they have sufficient cash reserves for repayment. Public sector banks and financial institutions hold a significant portion of the group's debt.
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