Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, with some banks considering halting fresh credit to the Indian group due to an alleged $265 million bribery scheme.

Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York over an alleged multibillion-dollar fraud scheme, U.S. prosecutors said on Wednesday.

Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. But it’s unclear just how the case will affect his businesses and own future — as well as the Indian economy and government.