Indian Shadow Banks Face IPO Setbacks Amidst Rising Concerns

Some Indian shadow banks, which are like financial companies, are having trouble.

They were planning to sell shares to the public through IPOs, but now they're putting those plans on hold or canceling them.

This is because some of these banks have made risky loans, and more people are struggling to pay them back.

The economy isn't doing as well either.

These issues have made investors wary.

US tariffs are adding to the problem as well.

The combined challenges threaten to slow down the record year for overall IPOs.

The issue is mostly with unsecured loans for small businesses.