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 ...

Photographer: T. Narayan/Bloomberg (Bloomberg) -- India’s central bank proposes tighter regulations for large shadow lenders to prevent events such as the collapse of a major financier in 2018 ...

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 ...

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, ...

(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 ...