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The Reserve Bank of India: Volume 5: Volume 5, 1997–2008

Autor Tirthankar Roy
en Limba Engleză Hardback – 10 mai 2023
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.
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Specificații

ISBN-13: 9781316511329
ISBN-10: 1316511324
Pagini: 750
Dimensiuni: 166 x 236 x 49 mm
Greutate: 1.11 kg
Ediția:Nouă
Editura: Cambridge University Press
Colecția Cambridge University Press
Locul publicării:Cambridge, United Kingdom

Cuprins

Foreword; Preface; Acknowledgements; List of Abbreviations; 1. Introduction: Managing Liberalisation; 2. The Macroeconomic Context; 3. Monetary Management; 4. Foreign Exchange Market and Management of the Capital Account; 5. Foreign Exchange Reserves Management; 6. Financial Markets; 7. Public Debt Management; 8. The Payment and Settlement Systems; 9. Currency Management; 10. Regulation of the Financial System – Part I: Commercial Banks; 10. Regulation of the Financial System – Part II: Other Financial Institutions; 11. Supervision of the Financial System; 12. Rural Credit; 13. Financial Inclusion; 14. Communication Policy; 15. Organisational Change; Appendices; Photographs; Select Bibliography; Index.

Notă biografică


Descriere

Narrative economic history of the Reserve Bank of India through the years 1997–98 to 2007–08.