LIC Denies $3.9B Adani Investment Allegations | Washington Post Alleges State-Backed Adani Funding　 #ETNOW

The Washington Post alleged that LIC channelled $3.9 billion into Adani Group firms, including a $585 million bond issue. LIC denies the claims, calling them false and baseless, and confirms all investments followed due diligence. Experts H.P. Ranina and Sriram Subramanian explain why LIC’s Adani exposure around 4% of its portfolio is well within norms and unlikely to impact the market. Watch ET NOW for full insights.

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