As of January 27, 2023, banks held a 39 percent share in Adani Group's total debt. Within this category, a major portion was held by public sector banks. Concerns over banks' exposure to the Adani Group have emerged post the publication of Hindenburg Research's report alleging financial fraud and stock manipulation. USD and FX bonds were the second biggest source of debt financing for the group.
Breakdown of Adani Group's debt sources as of January 27, 2023, by type
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Business Insider. (January 27, 2023). Breakdown of Adani Group's debt sources as of January 27, 2023, by type [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1369037/adani-group-debt-sources-by-type/
Business Insider. "Breakdown of Adani Group's debt sources as of January 27, 2023, by type." Chart. January 27, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1369037/adani-group-debt-sources-by-type/
Business Insider. (2023). Breakdown of Adani Group's debt sources as of January 27, 2023, by type. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1369037/adani-group-debt-sources-by-type/
Business Insider. "Breakdown of Adani Group's Debt Sources as of January 27, 2023, by Type." Statista, Statista Inc., 27 Jan 2023, https://www.statista.com/statistics/1369037/adani-group-debt-sources-by-type/
Business Insider, Breakdown of Adani Group's debt sources as of January 27, 2023, by type Statista, https://www.statista.com/statistics/1369037/adani-group-debt-sources-by-type/ (last visited November 21, 2024)
Breakdown of Adani Group's debt sources as of January 27, 2023, by type [Graph], Business Insider, January 27, 2023. [Online]. Available: https://www.statista.com/statistics/1369037/adani-group-debt-sources-by-type/
