RBI to enhance monitoring of shadow banking firms: Governor Shaktikanta Das

The comment comes at a time when there are fears that India may be facing a major crisis in its shadow banking sector after shares of mortgage lender DHFL plunged this week after two credit-rating firms cut their view of DHFL debt to “default” levels.

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/2wKDBh2