Adani Group debt exposure to Indian banks is minimal - CLSA and Jeffries

The brokerage firms CLSA and Jeffries stated in their report that the Indian banks' exposure to the loans granted to the Adani Group is manageable and within the limits.

The group owes a total of Rs. 1.6 lakh crores in debt. The group's debt has doubled over the last three years. The exposure of Indian banks to total loans is under 40%. PSU banks account for 30% of total loans, with private sector banks accounting for 10%.

The funding for ACC and Ambuja's major acquisition comes from international sources.