RBI paper highlights vulnerabilities of India's highly interconnected financial system

reserve-bank-of-india-pic-2

A Reserve Bank of India (RBI) paper published on January 2 considers several policy measures to help mitigate the risks emanating from non-banking financial institutions in India.

The paper's author, A Karunagaran, says the global financial crisis has raised concerns about the high degree of financial interconnectedness in India. The author notes the rapid growth of non-banking financial institutions, in particular, plays a key role in maintaining a broad-based sound financial system in India.

K

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: