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SBI to down-sell part of ₹1,800-cr loan for Adani’s Lanco buy

State Bank of India is negotiating with other banks to sell a part of the INR 1,800-crore loan given to Adani Power for acquiring Lanco Amarkantak Power. Adani Power bought Lanco Amarkantak for INR 4,101 crore. Adani repaid lenders using generated cash, internal accruals, and raised funds.

Read moreSBI to down-sell part of ₹1,800-cr loan for Adani’s Lanco buy
Source: economictimes.indiatimes.com
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