Pandemonium The Great Indian Banking Tragedy PDF: Hello friends, In this post, we will provide a PDF of Pandemonium The Great Indian Banking Tragedy Book written by Tamal Bandyopadhyay. So you can download it in the English language. This book published by Roli Books. Stay tuned with this post and let’s enjoy it.
Pandemonium The Great Indian Banking Tragedy PDF Summary:
It is a definitive insider story on the rot in India’s banking system – how many promoters easily swapped equity with debt as bank management 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 India’s mushrooming non-banking financial companies, which were quick to spot the post-demonetization 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 India’s financial system? Is it the government ownership itself, or how this owner actually behaves? And just when many were rooting for privatization 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 Asia’s third-largest economy, this book is a bird’s-eye view of Indian banking and also a fly-on-wall documentary. A must-read to understand contemporary India’s challenges and economic potential.
|Book Name:||Pandemonium The Great Indian Banking Tragedy|
|Release Date:||9 November 2020|
About the Author:
JFor 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 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.
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