Gujarati Adani Group debts Rs 12770 Crores written off by SBI
The Gautam Adani-led Adani Group has convinced the country’s largest lender, the State Bank of India, to underwrite its entire debt worth Rs 12,770 crores, thereby achieving the financial closure of the greenfield airport at Navi Mumbai. SBI has selected underwriters for an institutional share sale to raise at least $1 billion. Bank of America … Continue reading Gujarati Adani Group debts Rs 12770 Crores written off by SBI
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