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

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

Credit: 
Bloomberg / Contributor
Pedestrians walk past 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:
Pedestrians walk past 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 #:
158578991
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Contact your local office for all commercial or promotional uses.For editorial use only. Additional clearance required for commercial or promotional use, contact your local office for assistance. Any commercial or promotional use of Bloomberg content requires Bloomberg's prior written consent.
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Bloomberg
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Source:
Bloomberg
Object name:
INDIA LOANS

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Pedestrians walk past a Muthoot Finance Ltd branch in Mumbai India on... News Photo 158578991Asia,Asian,Branch,Business,Corporate Business,Economy,Finance,Horizontal,India,Indian,Indian Subcontinent,Loan,Mumbai,Pedestrian,WalkingPhotographer Collection: Bloomberg 2012 BloombergPedestrians walk past 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