An ongoing crisis in India’s shadow banking sector has sparked a credit crunch and contributed ... decisions that have damaged the country’s economy. The most high-profile example of this was when he ...

The governor of the Reserve Bank of India, Shaktikanta Das, has categorically ruled out an official asset quality review of India’s shadow banks. The reason? A risk review might endanger the ...

(Bloomberg) -- India’s troubled shadow ... and hence any failure of a shadow lender could act as a solvency shock to their banks. To be sure, the central bank last month said it would introduce ...

But what about an institution that looks like a bank and acts like a bank? Often it is not a bank—it is a shadow bank.­ Shadow banking ... be connected across different types of entities. For example, ...