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

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

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Bloomberg / Contributor
A man talks on a mobile phone outside a Muthoot Finance Ltd. branch in Mumbai, India, on Tuesday, Dec. 18, 2012. Muthoot Finance Ltd. is India’s biggest lender that uses gold jewelry as collateral. Photographer: Dhiraj Singh/Bloomberg via Getty Images
Caption:
A man talks on a mobile phone outside a Muthoot Finance Ltd. branch in Mumbai, India, on Tuesday, Dec. 18, 2012. Muthoot Finance Ltd. is India’s biggest lender that uses gold jewelry as collateral. Photographer: Dhiraj Singh/Bloomberg via Getty Images
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Date created:
December 18, 2012
Editorial #:
158578992
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INDIA LOANS

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A man talks on a mobile phone outside a Muthoot Finance Ltd branch in... News Photo 158578992Adult,Asia,Asian,Branch,Business,Corporate Business,Economy,Finance,Horizontal,India,Indian,Indian Subcontinent,Loan,Men,Mobile Phone,Mumbai,Talking,Wireless TechnologyPhotographer Collection: Bloomberg 2012 BloombergA man talks on a mobile phone outside a Muthoot Finance Ltd. branch in Mumbai, India, on Tuesday, Dec. 18, 2012. Muthoot Finance Ltd. is India’s biggest lender that uses gold jewelry as collateral. Photographer: Dhiraj Singh/Bloomberg via Getty Images