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From Lehman to Demonetization
From Lehman to Demonetization is the epic story of banking in India in the last decade. The years from 2007 to 2017 were the most tumultuous and exciting time for this sector, which saw D. Subbarao, Raghuram Rajan and Urijit Patel as RBI governors working with finance ministers Pranab Mukherjee, P. Chidambaram and Arun Jaitley. What a decade it has been-from India's first MFI, SKS Microfinance, entering the capital market to the near death of the industry; the RBI giving the nod to twenty-three banks and becoming an inflation targeter; from 9 per cent economic growth for three consecutive years to the jolt of demonetization. Featuring essays and interviews with the who's who of this sector, including Deepak Parkeh, K.V. Kamath, Arundhati Bhattacharya, Chanda Kochchar, Aditya Puri, Shikha Sharma, Raghuram Rajan, U.K. Sinha and Viral Acharya, this book makes for a riveting read. If you had to read one book on banking in India, let this be it!
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A Bank for the Buck: The Story of HDFC Bank
This is the story of the birth and growth of India's most valued Bank HDFC Bank Ltd against the backdrop of the new bank movement in India that started in 1994 when the Reserve Bank of India opened up the sector to introduce competition and to force banks to be efficient and more productive. Many books have tried to give meaning to India's recent history, to put it in the larger context of a complicated and confounding society, but this effort stands out because it does something that has been difficult to attempt retelling the story of modern India through the lens of business. Given the author's familiarity with bankers, policy makers and central bankers, this fast-paced, jargon-free book, written for a wide audience, brings to life an engrossing and sweeping tale of 21st century India, with all its foibles and charms. Tamal Bandyopadhyay, is one of the most respected business journalists in India, His weekly column, Banker's Trust, India's second-largest read financial daily Ann, where be is Deputy Managing Edit, is widely read for its deep insights into the world of finance and its unerring ability to anticipate major ,policy moves. Tamal has kept a close watch on the financial sector for over fifteen years and has had a ringside view of the enormous changes in Indian finance over this period. He has been a frequent speaker at seminars ammo India and has hosted a very successful weekly show (by the same name as his weekly column) on television, featuring some of India's most respected bankers, policy makers, central bankers and regulators. He has contributed to The Oxford Companion to Economics in India, edited by Kaushik Basu and published by Oxford University Press in 2007. Banker's Trust,. anthology of Ms weekly column in Mint has recently been published, This is Tamal's first book.