Rapid expansion of private credit market with limited regulation posing threat to financial stability: RBI Governor

New Delhi [India], October 14 (ANI): The private credit market's rapid expansion with limited regulation is posing a threat to the overall financial stability of the system, highlighted RBI Governor Shaktikanta Das on Monday.

The Governor made this observation during his address at the 90th High-Level Conference organized by the Reserve Bank of India in New Delhi.

"Private credit markets have expanded rapidly with limited