India's Exotic Funds Are a $40 Billion Time-Bomb for Investors
A danger sign is seen after a forest fire. (Photographer: Patrick T. Fallon/Bloomberg)

India's Exotic Funds Are a $40 Billion Time-Bomb for Investors

(Bloomberg Opinion) -- Even as the fate of India’s shadow banks swings precariously between unexpected defaults and sudden downgrades, there’s trouble brewing in another unlit corner of finance.
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.