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Risk India: ETFs set to grow in India, but regulators wary of systemic risk

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The exchange-traded fund (ETF) market is set for rapid growth in India, but domestic regulators are worried about the potential systemic risks they pose.

Speaking at the Risk India conference in Mumbai today, Jagan Mohan, deputy general manager in the financial stability unit at the Reserve Bank of India, echoed concerns about ETFs that have been voiced by the Financial Stability Board, International Monetary Fund and Bank for International Settlements, which all raised concerns in April about a

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