Original paper
DHFL Meltdown: The Corporate Governance Lapses
Abstract
India’s non-banking financial institutions (NBFIs), broadly constituting the less-regulated shadow banking sector, have been plagued with scams, triggering a domino effect in the Indian money market. Major corporate governance issues were highlighted in NBFIs with the unfurling of the ILF&S fraud; it virtually created a sub-prime crisis. In such a scenario, where the shadow banking sector was subject to change in regulations to ensure...
Paper Details
Title
DHFL Meltdown: The Corporate Governance Lapses
Published Date
Apr 25, 2021
Volume
20
Issue
1
Pages
9 - 22
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Notes
History