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
The Muthoot Fincorp Ltd. logo is displayed at one of the company's branches in Mumbai, India, on Tuesday, Dec. 18, 2012. Assets at non-bank lenders such as Muthoot have increased 20 percent annually for the past five years to $670 billion, according to a November report by the Financial Stability Board. Photographer: Dhiraj Singh/Bloomberg via Getty Images
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The Muthoot Fincorp Ltd. logo is displayed at one of the company's branches in Mumbai, India, on Tuesday, Dec. 18, 2012. Assets at non-bank lenders such as Muthoot have increased 20 percent annually for the past five years to $670 billion, according to a November report by the Financial Stability Board. Photographer: Dhiraj Singh/Bloomberg via Getty Images
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Date created:
December 18, 2012
Editorial #:
158578993
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Object name:
INDIA LOANS

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The Muthoot Fincorp Ltd logo is displayed at one of the company's... News Photo 158578993Asia,Asian,Branch,Business,Corporate Business,Economy,Finance,Horizontal,India,Indian,Indian Subcontinent,Loan,Logo,Mumbai,SymbolPhotographer Collection: Bloomberg 2012 BloombergThe Muthoot Fincorp Ltd. logo is displayed at one of the company's branches in Mumbai, India, on Tuesday, Dec. 18, 2012. Assets at non-bank lenders such as Muthoot have increased 20 percent annually for the past five years to $670 billion, according to a November report by the Financial Stability Board. Photographer: Dhiraj Singh/Bloomberg via Getty Images