Pandemonium: The Great Indian Banking Tragedy

Tamal Bandyopadhyay

Bibek Debroy

Rs. 695.00
Out of stock In stock
Size Guide

SHARE

The Reserve Bank of India would like to assure the general public that Indian banking
system is safe and stable. – RBI Statement, 1 October 2019 Why did Indias central bank have to issue an unprecedented statement to that effect? In Pandemonium: The Great Indian Banking Tragedy, bestselling author Tamal Bandyopadhyay takes you
in search for the answer. It is a definitive insider story on the rot in Indias banking system – how many
promoters easily swapped equity with debt as bank managements looked the other way to protect their
balance sheets, until the RBI began waging a war against ballooning bad loans. The same troubles quickly spilled over to Indias mushrooming non-banking financial companies, which were quick to spot the postdemonetisation
easy liquidity and banks reluctance to lend, prompting them to make the cardinal sin of
borrowing short to lend long. What really ails public sector banks, the backbone of Indias financial system? Is it the government
ownership itself, or how this owner actually behaves? And just when many were rooting for privatisation
as a way out, powerful bankers such as Chanda Kochhar and Rana Kapoor exposed the soft underbelly of
seemingly more efficient and profitable private banks of India. A timely and insider look at dramatic forces reshaping banking in Asias third-largest economy, this book
is a birds-eye view of Indian banking and also a fly-on-wall documentary. A must-read to understand
contemporary Indias challenges and economic potential.

For the past 25 years, Tamal Bandyopadhyay has been a keen student of Indian banking. A lifelong reporter and journalist, he is an award-winning national business columnist and a bestselling author. He is widely recognised for ‘Banker’s Trust’, a weekly column whose unerring ability to anticipate and dissect major policy decisions in India’s banking and finance has earned him a large print and digital audience around the world. The column won Tamal the Ramnath Goenka Award for Excellence in Journalism (commentary and interpretative writing) for 2017. Banker’s Trust now appears in Business Standard, where he is a Consulting Editor. Previously, Tamal has had stints with three other national business dailies in India, and was a founding member of Mint newspaper and Livemint.com. He is also a Senior Adviser to Jana Small Finance Bank Ltd. Between 2014 and 2018, as an adviser on strategy for Bandhan Bank Ltd, he had a ringside view of the first-ever transformation of a microfinance institution in India into a universal bank. Author of five other books, Tamal is widely recognised as a contributor to the Oxford Handbook of the Indian Economy and Making of New India: Transformation Under Modi Government. In 2019, LinkedIn named him as one of the ‘most influential voices in India’.

Publisher
Roli Books
ISBN
9788194643357
Binding
Hardback
Page Extent
528
Weight (kg)
1.45
Height (in)
8.5
Width (in)
5.5
Subject
Business
Published Date
16 / 10 / 2020

Trending Now

New Arrival
Best Seller

The Big Book of Belonging (Signed Copy) - Pre-order now (Release date 15th Oct. 2021)

Yuval Zommer
Rs. 1,625.00
New Arrival
Best Seller

The Beatles: Get Back

The Beatles and Peter Jackson
Rs. 4,308.00
New Arrival
Best Seller

The Sardar of Spin: A Celebration of the Life and Art of Bishan Singh Bedi

Neha Bedi, Sachin Tendulkar, Sunil Gavaskar et all
Rs. 595.00
New Arrival
Best Seller

Textilepedia

Rs. 3,388.00
Best Seller
-30% off

Diary of Frida Kahlo

Carlos Fuentes
Rs. 2,364.00 Rs. 1,654.00
New Arrival
Best Seller

India: A Story Through 100 Objects

Vidya Dehejia
Rs. 2,495.00
Best Seller
-40% off

Dining With The Nawabs

Meera Ali, Karam Puri
Rs. 4,995.00 Rs. 2,997.00
Best Seller
-40% off

Delhi :Red Fort To Raisina

Rs. 3,500.00 Rs. 2,100.00
Best Seller
-30% off

Pure Healthy Special And Simple Series Gift Box

Vidhu Mittal
Rs. 5,999.00 Rs. 4,199.00
New Arrival
Best Seller

The Big Book of Blooms

Yuval Zommer
Rs. 1,612.00
Best Seller

The Big Book of Birds

Yuval Zommer and Barbara Taylor
Rs. 1,612.00
New Arrival
Best Seller

The House Of Scindias: A Saga Of Power, Politics And Intrigue

Rasheed Kidwai
Rs. 395.00
New Arrival
Best Seller

Fractured Freedom

Kobad Ghandy
Rs. 595.00
Best Seller

Pukka Indian: 100 Objects That Define India

Jahnvi Lakhota Nandan
Rs. 1,995.00
New Arrival
Best Seller

Chanel Eternal Instant

Nicholas Foulkes
Rs. 6,988.00
Best Seller

Balkrishna Doshi: Architecture for the People

Mateo Kries and Jolanthe Kugler
Rs. 4,996.00
Best Seller

Women of the Raj: The Mothers, Wives and Daughters of the British Empire in India

Margaret MacMillan
Rs. 700.00
Best Seller
-30% off

Patterns of India: A Colouring Book

Henry Wilson
Rs. 795.00 Rs. 556.00
Best Seller

An Unknown Treasure in Rajasthan: The Bundi Wall-Paintings

Milo C. Beach and Hilde Lauwaert
Rs. 2,996.00
Best Seller

Moments of Mindfulness: Buddhist Offerings

Danielle Follmi and Olivier Föllmi
Rs. 750.00

Recently Viewed Products

This website uses cookies to ensure you get the best experience. Learn more

Ok, got it