ASSESSMENTS
As India's Economy Cools, the Spotlight Hits Its Shadow Banks
Jun 13, 2019 | 09:45 GMT

Shivkumar Mani, the head of marketing for the Dewan Housing Finance Corp., an Indian shadow bank, is seen in this photo. India's shadow banks are experiencing increasing problems.
(SHRIYA PATIL/The India Today Group/Getty Images)
Highlights
- Managing the shadow banking crisis will form one of the Reserve Bank of India's core challenges in the months ahead.
- The central bank will balance its efforts at pumping cash into the economy with keeping a lid on inflation.
- Avoiding a crisis in shadow banks will be key toward sustaining consumption amid an economic slowdown.
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