The effect of the decline in the shares of Adani Group is being seen in the market from many government banks to the largest life insurance company LIC. In fact, according to a report, it is being said that while LIC has invested thousands of crores of rupees in Andani's companies, we know in the news below how much money the banks have invested in Andani's company.

The effect of the decline in the shares of Adani Group was seen in the market from many government banks to the largest life insurance company LIC. A report by Hindenburg Research has put the market in panic, due to which there has been a huge fall in the shares of Adani Group companies. In the Adani group company where LIC has a big investment. At the same time, many government banks have given loans to the group on a large scale. Overall, thousands of crores of government money is invested in Gautam Adani's companies.

LIC's investment is more than 81,000 crores-

The country's largest institutional investor i.e. LIC invests extensively in listed companies in the stock market. In the last two years, LIC has rapidly increased its investment in Adani Group companies. Its investment in 4 out of 7 listed companies of the group has increased significantly.

Out of the total investment of insurance sector companies in Adani Group companies, 98.9 percent is from LIC alone.

On January 24, LIC's investment in Adani Group stood at Rs 81,268 crore. On January 27, its value came down to Rs 62,621 crore. In this way, about 18,647 crore rupees of the people of the country were drowned in just a few days.

There was a huge decline in the shares of LIC-

NSE's Bank Nifty has registered a decline of 3.13 percent. While the shares of LIC alone registered a decline of 3.25 percent. Not only this but there has also been a huge decline in the shares of the Bank of Baroda and the State Bank of India.

The BSE Sensex has fallen by 1.93 percent or 1,160 points to reach 59,045. Whereas, the Nifty 50 has fallen by 2.1 percent or 375 points to 17,517. The BSE Midcap and Smallcap indices declined by 1.5 percent and 2.5 percent respectively. For every share on BSE, there has been a decline of about 5 percent shares.

LIC's shareholding in Adani Enterprises, a company of Adani Group, is around 4.23 percent. While LIC holds 3.65 percent in Adani Transmission, LIC holds 9.14 percent in Adani Port, 5.96 percent in Adani Total Gas, 6.33 percent in Ambuja Cement, and 6.41 percent in ACC.

Government banks also have crores at stake-

According to market research company CLSA, banks account for less than 40 percent of the total loan amount of Adani Group. Bank funding to Adani Group has increased in the last few years. Funding of banks in the top 5 companies of the group has increased from Rs 1 lakh crore to Rs 4 lakh crore in the last three to four years.

According to CLSA, the funding of banks with the group was about 86 percent five years ago. It has now come down to below 40 percent. In this, the funding of private banks has decreased from 31 percent to 8 percent, while that of government banks has decreased from 55 percent to 25 percent. Still, this amount is several thousand crores.