The Reserve Bank of India: Volume 5 - Volume 5, 1997–2008 (Hardcover)

The fifth volume on the history of the Reserve Bank of India covers the years from 1997–98 to 2007–08. During this period, it introduced key institutional and financial market reforms in a rapidly changing economic environment and facilitated faster integration of the Indian economy. The Bank rationalised and introduced innovative instruments of monetary control; strengthened regulatory and supervisory processes for both banking and non-banking sectors; adjusted its approach to achieve and sustain financial stability; focussed on building financial market institutions and infrastructure; and spurred legal and other amendments in the larger public interest as also for achieving flexibility with stability in the economy. It also worked to improve the rural credit system, financial inclusion and customer protection. This volume is a narrative history of the Bank and also a rich resource for understanding how an emerging market central bank manages change and shapes the economy to face future challenges.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	April 2023
Authors:	Tirthankar Roy
Format:	Hardcover
Pages:	750
ISBN-13:	978-1-316-51132-9
Categories:	Books > Business & Economics > Economics > General Books > Business & Economics > Finance & accounting > Finance > Banking Books > Money & Finance > Banking
LSN:	1-316-51132-4
Barcode:	9781316511329

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