What is “shadow banking“?
Expert Answer
Shadow Banking is a concept or term which is associated with a group of non-banking financial intermediaries that cater to and provide services similar to the traditional banks and institutions but without any financial regulations. It is a network of financial institutions comprising of non-depository banks and incudes investment banks, insurance companies, private equity funds, conduits, hedge funds, unlisted derivatives and instruments, mortgage lenders,payday lenders, money market funds, structured investment vehicles and money market funds. Shadow banking system is also the unregulated activities by regulated institutions. One of the fastest growing participant of
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