Quest for restoring financial stability in India

By:

Acharya, Viral V

Contributor(s):

Reddy, Y V

Material type: Text

TextPublication details: New Delhi Sage 2020Description: 330pISBN:

9789353884895

DDC classification:

23 330.954 AC-Q

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"--

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Holdings
Item type	Home library	Collection	Call number	Status	Barcode
Print	OPJGU Sonepat- Campus Main Library	General Books	330.954 AC-Q (Browse shelf(Opens below))	Not For Loan (Restricted Access)	144053
Print	OPJGU Sonepat- Campus Main Library	Textbooks	330.954 AC-Q (Browse shelf(Opens below))	Available	144052
Print	OPJGU Sonepat- Campus Main Library	Textbooks	330.954 AC-Q (Browse shelf(Opens below))	Available	144051

"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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