Increasing Financial Interlinkages: Another Systemic Risk Concern?
Vipin Malik, Chairman & Mentor, Infomerics Ratings. Sankhanath Bandyopadhyay, Economist, Infomerics Ratings. The growing presence of Non-Bank Financial Intermediaries (NBFIs) and their inter-connectedness with the banking system has become a source of potential concern. As highlighted by the RBI Financial Stability Report Dec2023, NBFIs have overtaken traditional banks in asset size with the growth of […]
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