From Lehman to Demonetization
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From Lehman to Demonetization
Book Details
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Author: Bandyopadhyay, Tamal
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Publisher: Portfolio
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Language: English
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Edition: 2022
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ISBN: 9780143456391
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Pages: 376
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Cover: Paperback
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Package Dimensions: 7.8 x 5.1 x 1.5 inches
About The Book
From Lehman to Demonetization takes readers through the riveting decade-long journey of India’s banking sector, from 2007 to 2017. This period was marked by dramatic changes, challenges, and milestones that defined the landscape of banking in India. The book dives deep into pivotal events, such as how the Indian banking system survived the Lehman Brothers’ crash, the near-collapse of the microfinance industry, the rise of non-performing assets (NPAs) in public-sector banks, and the conflict between the Reserve Bank of India (RBI) and the Finance Ministry.
Covering a decade of immense transformation, the narrative weaves through key moments like the introduction of SKS Microfinance in the capital market, RBI’s inflation-targeting policies, and the economic turbulence triggered by demonetization.
Through compelling essays and insightful interviews with prominent figures in the banking industry, including Deepak Parekh, K.V. Kamath, Arundhati Bhattacharya, Chanda Kochhar, and Raghuram Rajan, this book offers a comprehensive understanding of the dynamics that shaped India’s banking sector. From Lehman to Demonetization is an essential read for anyone looking to grasp the complexities of India’s financial landscape in recent years.
