A surge in bad debt is set to worsen India’s shadow bank crisis - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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A surge in bad debt is set to worsen India’s shadow bank crisis

To be sure, the central bank last month said it would introduce risk-based internal audits at large non-bank finance companies. The authority is also monitoring the country’s 100 non-bank lenders rigorously to ensure financial stability is maintained.

from Stocks-Markets-Economic Times
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