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LIC has debt exposure of ₹6,183 cr in Adani Group: Sitharaman
short by Anisha Joneja / on Monday, 13 March, 2023
Finance Minister Nirmala Sitharaman said LIC's debt exposure in Adani Group, as of March 5, fell to ₹6,183 crore from ₹6,347 crore, as of December 31. Of the ₹6,183 crore, LIC has exposure of ₹5,390 crore to Adani Ports & Special Economic Zone. On Sunday, Adani Group said it completed full prepayment of margin linked share-backed financing of $2.15 billion.
read more at Financial Express