'Local lenders' exposure to Adanis expected to come down soon: Group executive
- Posted on November 25, 2024
- By Business News Today
- 1 Views
'Local lenders' exposure to Adanis expected to come down soon: Group executive
Local banks and non-banking financial lenders accounted for about 42%, or Rs 107,985 crore, of the Adani Group's total borrowings of Rs 258,176 crore as of September-end, compared with 36%, or Rs 88,100 crore, at the end of March 2024. As on March 31, 2023, the group had 31% of its loans from Indian lenders.
