{"id":570446,"date":"2023-04-19T09:34:03","date_gmt":"2023-04-19T04:04:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=570446"},"modified":"2023-04-19T10:02:26","modified_gmt":"2023-04-19T04:32:26","slug":"adani-group-debt-surged-21-in-past-year-amid-reliance-on-global-banks-for-funding","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-group-debt-surged-21-in-past-year-amid-reliance-on-global-banks-for-funding\/","title":{"rendered":"Adani Group debt surged 21% in past year amid reliance on global banks for funding"},"content":{"rendered":"<p>Adani Group\u2019s pile of debt increased almost 21 per cent over the past year and the proportion held by global banks rose to nearly a third, according to data seen by Bloomberg that offers an up-to-date snapshot of its financial health.<\/p>\n<p>Information gleaned from people familiar with the conglomerate\u2019s inner workings as well as from presentations to investors reveal 29 per cent of its borrowings were with global international banks at the end of March \u2014 a category that didn\u2019t feature on the group\u2019s list of creditors seven years ago. <\/p>\n<p>Yet the data also show a metric for its ability to pay off its debts improved.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Group\u2019s pile of debt increased almost 21 per cent over the past year and the proportion held by global banks rose to nearly a third, according to data seen by Bloomberg that offers an up-to-date snapshot of its financial health. Information gleaned from people familiar with the conglomerate\u2019s inner workings as well as from presentations to investors reveal 29 per cent of its borrowings were with global international banks at the end of March \u2014 a category that didn\u2019t feature on the group\u2019s list of creditors seven years ago. Yet the data also show a metric for its ability [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-570446","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/570446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=570446"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/570446\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=570446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=570446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=570446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}