EXPLAINER | Contagion risk to the Indian financial system and what can be done to prevent it

The Indian financial system has been fragile for some time. Banks have been grappling with non-performing assets since 2015. Towards the end of 2018, the problems were exacerbated by the failure of ILFS.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/explainer-|-contagion-risk-toindian-financial-systemwhat-can-be-done-to-prevent-it_13113381.html