Indian Banking Credit outstanding as on 31.03.2024 is Rs.164,34,662 Crore. So exposure to Adani Group is 0.53% of Banking Credit. A significant percentage but not enough to cause a Industry level problem. Adani Group is full of hard assets such as ports, manufacturing plants, etc and these loans would be secured by the assets of the group. Loan loss realization would also be high in case of default with IBC in place. The group is also deleveraging so the risk is not big IMO.
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