NBFI that poses financial stability risk grew by 11.1% in 2019, at a faster pace than the average 7.1% annual growth rate from 2013-18.
Collective investment vehicles, Covid-19, credit assets, Financial Stability, Fixed-income Funds, FSB, Investment Funds, liquidity transformation, Maturity Transformation, Money Market Funds, NBFI, non-bank financial intermediation, pension funds, Regulatory Arbitrage