golden_sword_22 t1_j6hgpp6 wrote on January 30, 2023 at 10:26 AM

Reply to comment by technitecho in Gautam Adani lost US$31 billion in one of the biggest weekly drops ever by hussmann

>The only thing i am afraid of is banks having a bank run

Most of his debt isn't from Public sector banks.

golden_sword_22 t1_j6hgnfg wrote on January 30, 2023 at 10:25 AM

Reply to comment by Big_Simple_1782 in Gautam Adani lost US$31 billion in one of the biggest weekly drops ever by hussmann

Most of funding he has raised till now has been via the bond market which probably includes subscription by various financial institutions like LIC but it's not completely public money as you are making it out to be.https://scroll.in/article/923201/from-2014-to-2019-how-the-adani-group-funded-its-expansion