Non-banking Financial Intermediaries: International Experiences

  • R. KannanEmail author
  • K. R. Shanmugam
  • Saumitra Bhaduri
Part of the India Studies in Business and Economics book series (ISBE)


The non-bank financial institutions or non-bank businesses or shadow banks (SBs) are internationally recognized as financial intermediaries/activities involved in “credit intermediation outside the conventional banking system and constitute about one-fourth of total financial intermediaries worldwide” (IMF 2014).

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© Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  1. 1.Madras School of EconomicsChennaiIndia
  2. 2.Madras School of EconomicsChennaiIndia
  3. 3.Madras School of EconomicsChennaiIndia

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