adani: View: Why Adani's grip on banks is tighter than his hold on markets
Despite facing challenges such as a share sale failure and allegations of currying favors from opposition politicians, tycoon Gautam Adani still maintains strong relationships with India's government and global banks. Adani's conglomerate, which has expanded its assets significantly, continues to have substantial relationships with 20 global banks. The conglomerate's hard assets, including ports, airports, mines, power stations, and more, make it an attractive prospect for financing.
Source: indiatimes.com