These are the 10 most indebted companies in the world
New Delhi. Often companies take loans. There are many reasons behind this loan, which include business expansion, refinancing old loans and supporting growth. But what happens with some companies is that after taking loan, they are not able to run their business properly and their debt burden keeps increasing. As a result, these companies are closed or sold. Many companies in the world have a lot of debt. Let us know about those 10 companies which have the highest debt.
Companies of these countries have the highest debt
Of the top 10 companies with the highest debt in the world, 5 are from China. There is one company each from Canada and France. The other three companies in the list are from America. Let us tell you that America's Fannie Mae has the highest debt.
How much debt does Fannie Mae owe?
Fannie Mae has a debt of $4.210 trillion, which is almost equal to India's GDP. Its debt is more than the GDP of countries like UK, France, Brazil, Italy and Canada.
Top 10 companies with highest debt
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This company has the highest debt in India
Reliance Industries has the highest debt in India. Reliance has a debt of $230.79 billion. 230.79 billion dollars becomes Rs 20,80,792 crore in Indian currency.
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