Which among the following group best fits in a definition of a ‘shadow banking system’?
[A] Scheduled Commercial Banks, Non Banking Finance Companies, Hedge Funds
[B] Non banking Finance Companies, Investment banks, Hedge funds
[C] Scheduled Commercial Banks, Private Banks and NBFC’s
[D] Scheduled Commercial banks, Cooperative Banks and Investment Banks

Advertisement

Kindly help us to keep GKToday updated and error free. Use this form to report error or outdated information in questions. We shall rectify asap...