Troubles At DHFL\, Reliance Capital: Whose Risk Is It Anyway?

A trader looks up at an electronic screen displaying stock prices during a trading session. (Photographer: Asim Hafeez/Bloomberg)

Troubles At DHFL, Reliance Capital: Whose Risk Is It Anyway?

BloombergQuintOpinion
The Indian financial system had another scare last week.Non bank lender Dewan Housing Finance Corporation Ltd. missed Rs 962 crore in interest payments on non-convertible debentures. While the comp...