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'Realty exposure may be short-sellers' target

The Morning Standard

|

September 14, 2024

Guv expresses concerns over proliferation of non-bank institutions in fin intermediation may create systemic risks

- BENN KOCHUVEEDAN

'Realty exposure may be short-sellers' target

THE Reserve Bank Governor Shaktikanta Das has flagged concerns about banks having large commercial real estate exposures, saying they may be shortsellers' targets.

The governor expressed concerns over the proliferation of non-bank institutions in financial intermediation may create systemic risks to financial stability due to their sheer size, complexity and interconnectedness with domestic and global financial systems, as was visible in some advance economies leading to periods of market dysfunction.

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