Cash-for-Gold Loans Hide Shadow-Banking Risk in Indian Economy : News Photo

Cash-for-Gold Loans Hide Shadow-Banking Risk in Indian Economy

Mahindra & Mahindra Financial Services Ltd. signage is displayed outside one of the company's branches in Mumbai, India, on Tuesday, Dec. 18, 2012. Among the largest non-bank financial institutions are Mahindra & Mahindra Financial Services Ltd. and Muthoot Capital Services Ltd., a publicly traded company controlled by the same family that runs Muthoot Fincorp and which also makes loans for gold. Photographer: Dhiraj Singh/Bloomberg via Getty Images
Caption:
Mahindra & Mahindra Financial Services Ltd. signage is displayed outside one of the company's branches in Mumbai, India, on Tuesday, Dec. 18, 2012. Among the largest non-bank financial institutions are Mahindra & Mahindra Financial Services Ltd. and Muthoot Capital Services Ltd., a publicly traded company controlled by the same family that runs Muthoot Fincorp and which also makes loans for gold. Photographer: Dhiraj Singh/Bloomberg via Getty Images
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Date created:
December 18, 2012
Editorial #:
158578989
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Photographer:
Bloomberg / Contributor
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Bloomberg
Credit:
Bloomberg via Getty Images
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Source:
Bloomberg
Object name:
INDIA LOANS

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Mahindra Mahindra Financial Services Ltd signage is displayed outside... News Photo 158578989Asia,Asian,Branch,Business,Corporate Business,Economy,Finance,India,Indian,Indian Subcontinent,Loan,Mumbai,Sign,VerticalPhotographer Collection: Bloomberg 2012 BloombergMahindra & Mahindra Financial Services Ltd. signage is displayed outside one of the company's branches in Mumbai, India, on Tuesday, Dec. 18, 2012. Among the largest non-bank financial institutions are Mahindra & Mahindra Financial Services Ltd. and Muthoot Capital Services Ltd., a publicly traded company controlled by the same family that runs Muthoot Fincorp and which also makes loans for gold. Photographer: Dhiraj Singh/Bloomberg via Getty Images