000			01583nam a22001937a 4500
008			210805b2020 ||||| |||| 00| 0 eng d
020			_a9789353884895
082			_a330.954 ACH-V
100			_aAcharya, Viral V
245			_aQuest for restoring financial stability in India / _cViral V. Acharya
260			_aIndia _bSage Publications _c2020
300			_a330 p.
365			_aINR _b695.00.
500			_aBeyond 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, centralbank, private sector and markets, in order to improve long-run growth prospects for the real economy.
650			_aIndia
650			_aBanks and banking
650			_aEconomic history
650			_aEconomic policy
999			_c67046 _d67046