TY - BOOK AU - Acharya, Viral V. TI - Quest for restoring financial stability in India SN - 9789353884895 U1 - 330.954 PY - 2020/// CY - New Delhi : PB - SAGE Publications, KW - India KW - Economic policy KW - 21st century. KW - Economic conditions KW - Banks and banking N1 - Intro -- Advance Praise -- Title -- Copyright -- Dedication -- Bulk Sales -- Contents -- List of Figures -- List of Tables -- Acknowledgements -- Foreword -- Preface -- Part 1: Resolving Non-Performing Assets (NPAs) and Recapitalizing Banks -- 1 Some Ways to Decisively Resolve Bank Stressed Assets -- 2 A Bank Should Be Something One Can 'Bank' Upon -- 3 The Unfinished Agenda: Restoring Public Sector Bank Health in India -- 4 Prompt Corrective Action: An Essential Element of Financial Stability Framework -- Part 2: Creating a Public Credit Registry 5 A Case for Public Credit Registry in India -- 6 Public Credit Registry (PCR) and Goods and Services Tax Network (GSTN): Giant Strides to Democratize and Formalize Credit in India -- 7 Some Reflections on Microcredit and How a Public Credit Registry Can Strengthen It -- 8 What Can India's Banking System Learn from Shampoo Sachet Revolution? -- Part 3: Incorporating the Financial Cycle in the Monetary Policy Framework -- 9 Monetary Policy under a Changing Financial and Macroeconomic Environment -- 10 Managing the Financial Cycles in EMEs: A Central Banker's Perspective Part 4:Improving Monetary Policy Transmission -- 11 Monetary Transmission in India: Why Is It Important and Why Hasn't It Worked Well? -- 12 Improving Monetary Transmission through the Banking Channel: The Case for External Benchmarks in Bank Loans -- Part 5: Developing Viable Capital Markets and Ensuring External Sector Resilience -- 13 Understanding and Managing Interest Rate Risk at Banks -- 14 Global Spillovers: Managing Capital Flows and Forex Reserves -- 15 Development of Viable Capital Markets: The Indian Experience Part 6: Striking the Right Balance: Enhancing the Autonomy of the Central Bank, the Markets and the Real Economy -- 16 On the Importance of Independent Regulatory Institutions: The Case of the Central Bank -- 17 Why Less Can Be More: On the Crowding Out Effects of Government Financing -- Epilogue -- About the Author ER -