Some of India's largest groups, including the Tata family controlled companies, the Ambani family controlled Reliance and Vijay Mallya's UB Group, have pledged large stakes in their listed companies as collateral to lenders, new disclosure requirements reveal.
These raise concerns about the hidden indebtedness of corporate India at a time of depressed market values. Almost 500 companies revealed pledges that are worth about $13.5bn at latest prices.
The most prodigious is the Tata group, which accounts for about one quarter of the total.
您已閱讀46%(541字),剩餘54%(641字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。