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
A woman walks past a Muthoot Fincorp Ltd. branch 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
Caption:
A woman walks past a Muthoot Fincorp Ltd. branch 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 #:
158578987
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INDIA LOANS

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A woman walks past a Muthoot Fincorp Ltd branch in Mumbai India on... News Photo 158578987Adult,Asia,Asian,Branch,Business,Corporate Business,Economy,Finance,India,Indian,Indian Subcontinent,Loan,Mumbai,Vertical,Walking,WomenPhotographer Collection: Bloomberg 2012 BloombergA woman walks past a Muthoot Fincorp Ltd. branch 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