The case for a unified supervision regime for NBFCs

IL&FS crisis and Cobrapost episode are warning signs to get our act together on systemic risk

Narayan Ramachandran is chairman, In Klude Labs.
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Last week, Cobrapost, an investigative blog, promised a “sting”. Notice of the sting was sent to regulators, officials, market participants, and the mainstream media. The delivered sting, an exposé of ` 31,000 crore of dubious loans allegedly given out...

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