Quest for restoring financial stability in India / Viral V. Acharya, forword by Y. V. Reddy
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TextLanguage: English Publisher: New Delhi : Sage Publications India Pvt. Ltd., 2020Description: lv, 330 pages : 20 cmISBN: 9789353884895; 9789353884956Subject(s): Financial stabilityDDC classification: 332.110954 Summary: "Beyond the headline-grabbing issues, the Indian economy is struggling to solve a critical problem: How to restore and maintain financial stability on a durable basis. In this book titled Quest for Restoring Financial Stability in India, Former Deputy Governor of RBI, Dr Viral V. Acharya, talks about his quest for restoring financial stability in India and offers a concrete plan for sustained improvement. Dr Acharya shares a feasible plan to address the recapitalization needs of public sector banks, offering solutions on how to improve credit allocation by credit intermediaries and establish viable and efficient capital markets. Elucidating the need-of-the-hour reforms, this book also raises several stark and unanswered questions related to the re-emergence of fiscal dominance in India, not just of monetary policy tools but also of banking regulations. It makes a persuasive case for striking the right balance between the government, central bank, private sector and markets, in order to improve long-run growth prospects for the real economy"--
| Item type | Current location | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|
| Books | Institute of Public Enterprise, Library S Campus | 332.110954 ACH (Browse shelf) | Available | 45279 |
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"Beyond the headline-grabbing issues, the Indian economy is struggling to solve a critical problem: How to restore and maintain financial stability on a durable basis. In this book titled Quest for Restoring Financial Stability in India, Former Deputy Governor of RBI, Dr Viral V. Acharya, talks about his quest for restoring financial stability in India and offers a concrete plan for sustained improvement. Dr Acharya shares a feasible plan to address the recapitalization needs of public sector banks, offering solutions on how to improve credit allocation by credit intermediaries and establish viable and efficient capital markets. Elucidating the need-of-the-hour reforms, this book also raises several stark and unanswered questions related to the re-emergence of fiscal dominance in India, not just of monetary policy tools but also of banking regulations. It makes a persuasive case for striking the right balance between the government, central bank, private sector and markets, in order to improve long-run growth prospects for the real economy"--
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