Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking ...

The term “shadow banking” often elicits thoughts of shady back-alley dealings and loan sharks waiting to take drastic measures against debtors who can't pay. While that makes for an ...

Often it is not a bank—it is a shadow bank.­ Shadow banking, in fact, symbolizes one of the many failings of the financial system leading up to the global crisis. The term “shadow bank” was coined by ...

The U.S. has already sanctioned Iranian shadow banking businesses. I n March 2023, the U.S. imposed economic sanctions on 39 firms linked to a shadow banking system that helped to obfuscate ...

ISLAMABAD -- Traders running illicit money transfers once operated openly in the crowded Chowk Yadgar district of Pakistan's northwestern Peshawar. But the business of hawala has largely gone ...

Shadow banking has grown quickly in China, driven by regulatory arbitrage and the growing role of non-bank financial institutions in the financial sector. In this episode of Pacific Exchanges, we sat ...