Debt share: Adani group's borrowings shift from int'l to domestic in H1 FY25

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Times of India 4h ago

Debt share: Adani group's borrowings shift from int'l to domestic in H1 FY25 - Times of India

Quick Summary:

India Business News: MUMBAI: The exposure of domestic banks and financial institutions to Adani group rose by 53% to Rs 1,07,985 crore by Sept 2024, up from Rs 70,213 cror.

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Increased borrowing supported capital expenditures in renewable energy, transportation, and logistics, and expansion into new sectors like solar, wind, airports, and roads.