Shadow Banks

Shadow Banks

Briefly British Prime Minister, Liz Truss moved fast and broke thingsPhotographer: Chris J. Ratcliffe/Bloomberg

Banks need to worry about shadow banks

The boom in market-based finance has taken risks away from regulated lenders, but recent crises show they’re still exposed

FILE PHOTO: CCTV cameras are seen installed above the logo of Reserve Bank of India (RBI) inside its headquarters in Mumbai, India, February 7, 2019. REUTERS/Francis Mascarenhas

RBI proposes scale-based regulations for shadow banks

A worker adjusts the windscreen wipers of a parked car at a Maruti Suzuki stockyard on the outskirts of the western Indian city of Ahmedabad September 1, 2011/ Reuters

How a shadow banking crisis sent India's autos sector into a tailspin