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RBI at 90: Navigation through turbulent waters

RBI at 90: Navigation through turbulent waters
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Time for 5th generation banking reforms - The Hindu BusinessLine

Time for 5th generation banking reforms
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This would mainly involve promoting niche banking, to cater to the specific and varied requirements of customers
The government recently announced new banking reforms, involving the establishment of a Development Finance Institution (DFI) for infrastructure, creation of a Bad Bank to address the problem of chronic non-performing assets (NPAs), and privatisation of public sector banks (PSBs) to ease its burden in terms of mobilising additional capital.
The Indian banking sector has been evolving on a continuous basis, and it will be interesting to trace its journey.
Banking in the past
During the pre-Independence period (till 1947), the ....

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Former RBI Governor And Architect Of Modern Indian Banking, M Narasimham Passes Away In Hyderabad

Former RBI Governor And Architect Of Modern Indian Banking, M Narasimham Passes Away In Hyderabad
Former RBI governor M Narasimham (Administrative Staff College of India)
Former governor of Reserve Bank of India (RBI), 94 year old Maidavolu Narasimham passed away in Hyderabad on Tuesday (20 April).
He joined RBI as a research officer in the Economics department and is the only governor who rose from the ranks of RBI.
Narasimham who is popularly called as the architect of modern Indian banking, had chaired two high-powered committees on banking and financial sector reforms.
The first high-powered committee he chaired was in 1991 on the financial system and second one in 1998 on banking sector reforms. ....

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Economic reforms' eventful journey - The Hindu BusinessLine

Economic reforms’ eventful journey
Title: India after liberalisation: An overview
Author: Bimal Jalan
Publisher: HarperCollins India
Price: ₹599×
Bimal Jalan gives a bird’s eye view of how the Indian economy and polity evolved since 1991
Having held a variety of top government positions, including that of Finance Secretary and RBI Governor, Bimal Jalan is in an uniquely privileged position to hold forth on India’s economic journey since the momentous 1991 reforms. He was very much in the thick of things when the Narasimha Rao government set about dismantling the edifice of Nehruvian socialism (or what passed off as socialism in India) and brought about the liberalisation of the economy. ....

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