Bank seizure snuffs out hope for quick India shadow bank revival

Yes Bank’s collapse now threatens to sharpen the division between the weak and strong in India’s financial system - many are cash-starved while a healthy few raise money at rates predating the onset of the crisis. The fresh shock to funding markets will extend the struggle of second- and third-tier institutions and delay lending recovery.

from Banking/Finance-Industry-Economic Times https://ift.tt/38NG5Mf