Question

financial crisis news reports
india​

Answer 1

Answer:

India financial crisis Latest Breaking News, Pictures, Videos, and Special Reports from The Economic

Answer 2

Answer:

At the heart of the economy’s problems is a lingering credit slowdown, made worse by a crisis in the shadow banking industry nearly two years ago following the default by one of the nation’s biggest infrastructure lenders. Shadow banks — lenders outside the regular financial system that aren’t as tightly regulated as deposit-taking banks — had been responsible for millions of small loans on everything from cars to gold jewelry to luxury apartments over the years. The shock default caused credit markets to seize up in what some have called India’s Lehman moment, a reference to the 2008 collapse of the Wall Street investment bank that triggered the global financial crisis......

hope it helps you