Life Insurance Corporation of India’s (LIC) debt exposure decreased marginally in Adani group companies to Rs 6,183 crore as of March 5 from Rs 6,347 crore as of December 31, 2022.
LIC has a debt exposure of Rs 5,388.60 crore in Adani Ports and SEZ as of March 5. The exposure in Adani Power (Mundra) was Rs 266 crore, Adani Power Maharashtra - Phase I (Rs 81.60 crore), Adani Power Maharashtra - Phase III (Rs 254.87 crore), Raigarh Energy Generation (Rs 45 crore) and Raipur Energen (Rs 145.67 crore).
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and investment company.
