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Talking financial inclusion in liberalised India: conversations with Governors of the Reserve Bank of India

Contributor(s): Material type: TextTextPublication details: London Routledge 2018Description: 228 pISBN:
  • 9781138204676
Subject(s): DDC classification:
  • 332.10954 SRI
Summary: This book presents a set of conversations with five former Governors of Reserve Bank of India (from 1992 onwards) on the topic of financial inclusion. Two key aspects are introduced in the conversations with each Governor: the initiatives that were undertaken during their tenure and their responses to some of the current issues. Further, they examine the reasons and justifications for significant decisions and measures that were undertaken or withheld. The discussion captures the evolution and approach of the central bank in addressing a variety of questions pertaining to financial inclusion. The volume is an important contribution to the study of India’s continuous but not entirely successful efforts in increasing the reach of its formal financial sector. It reconstructs how the policy approach to inclusive banking has progressed and resisted commercial and market imperatives to safeguard the deprived and dispossessed sections of society. With its wide-ranging blend of conversations, documentation, research and commentary coupled with its engaging style, the book will interest students and researchers in the areas of development, banking, macroeconomics, public administration and governance, as well as academics, analysts, policymakers, think tanks, journalists, media and those concerned with the Indian economic policy.
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Item type Current library Collection Call number Copy number Status Date due Barcode
Book Book Indian Institute of Management LRC General Stacks Public Policy & General Management 332.10954 SRI (Browse shelf(Opens below)) 1 Available G00145

Contributors. Preface. Acknowledgements. List of Abbreviations. Introduction 1. Conversations with Dr C. Rangarajan 2. Conversations with Dr Bimal Jalan 3. Conversations with Dr Y. V. Reddy 4. Conversations with Dr Duvvuri Subbarao 5. Conversations with Dr Raghuram G. Rajan 6. Conversations with Dr Urjit R. Patel. Annexure 1: Report of the Committee on the Financial System, 1991. Annexure 2: Report of the Committee on Banking Sector Reforms, 1998. Annexure 3: Report of the Committee on Financial Inclusion, 2008. Annexure 4: Report of the Sub-Committee of the Central Board of Directors of of Reserve Bank of India to Study Issues and Concerns in the MFI Sector, 2011. Annexure 5: Report of the Internal Working Group to Revisit Existing Priority Sector Lending Guidelines, 2015

This book presents a set of conversations with five former Governors of Reserve Bank of India (from 1992 onwards) on the topic of financial inclusion. Two key aspects are introduced in the conversations with each Governor: the initiatives that were undertaken during their tenure and their responses to some of the current issues. Further, they examine the reasons and justifications for significant decisions and measures that were undertaken or withheld. The discussion captures the evolution and approach of the central bank in addressing a variety of questions pertaining to financial inclusion.

The volume is an important contribution to the study of India’s continuous but not entirely successful efforts in increasing the reach of its formal financial sector. It reconstructs how the policy approach to inclusive banking has progressed and resisted commercial and market imperatives to safeguard the deprived and dispossessed sections of society.

With its wide-ranging blend of conversations, documentation, research and commentary coupled with its engaging style, the book will interest students and researchers in the areas of development, banking, macroeconomics, public administration and governance, as well as academics, analysts, policymakers, think tanks, journalists, media and those concerned with the Indian economic policy.

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