Investor Concerns Rise Over Indian Shadow Banks Following Debt Accumulation

In a cautious turn of events, numerous investors are beginning to express alarm regarding the stability of India's shadow banking sector. This uncertainty comes in the wake of an aggressive debt accumulation phase that these non-bank financial institutions (NBFIs) have undergone. Predominantly fueled by the lending boom from 2018 to 2022, the alarm bells are ringing loudly as the consequences of the debt binge seem to be surfacing.

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