Iran's largest cryptocurrency exchange, Nobitex, is controlled by the sons of the influential Kharrazi family, who concealed their ties for...

Happy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...

America's Operation Epic Fury is now Operation Economic Fury. The US is targeting Iran's cryptocurrency networks. This aims to stop Iran fr...

Indian bank credit growth is set to slow down to under 12 percent this financial year. This moderation is driven by the ongoing West Asia c...

Fairfax Financial Holdings plans to boost its stake in IIFL Capital Services. The deal is valued at approximately ₹1,000 crore. This move w...

Fifteen years after its finalization, the Basel 3 accord's goal of uniform global banking rules has fragmented. National regulators are now...

Happy Tuesday! TCS COO Aarthi Subramanian will head the investigation into a sexual harassment case at its Nashik unit. This and more in to...

Citizen development and AI-driven “vibe coding” are reshaping how software is built inside organisations, shifting creation power from IT t...

Iran proposes digital currency for Strait of Hormuz passage tolls. This move highlights a significant sanctions-evasion network. While legi...

The Reserve Bank of India is exploring new measures to curb digital payment fraud. A key proposal suggests a one-hour pause for large trans...

India’s private credit market stands resilient amid global stress due to its conservative fund structures, strict leverage norms, and close...

The Reserve Bank of India (RBI) is considering stricter rules for shadow lenders, aiming to curb overlapping business activities between pa...

"Higher risk appetite of NBFCs has contributed to their size, complexity and interconnectedness making some of the entities systemically si...

In simple terms, shadow financing refers to activities outside the formal banking system that perform similar functions.

The shadow banking industry grew by $5 trillion to about $75 trillion worldwide last year, driven by lenders seeking to skirt regulations.

India is among the nations who have witnessed a marked increase in the exposure of its banks to 'shadow banking' entities, whose asset base...

ET explains the concept of shadow banking and lists steps taken by RBI to mitigate the risks associated with it.