Country | |
Publisher | |
ISBN | 9788194643357 |
Format | HardBound |
Language | English |
Year of Publication | 2021 |
Bib. Info | xxi,522p.;23cm; ills. |
Product Weight | 900 gms. |
Shipping Charges(USD) |
The Reserve Bank of India would like to assure the General public that Indian Banking system is safe and stable.’ – RBI Statement, 1 October 2019 Why did India’s central Bank have to issue an unprecedented statement to that effect? In Pandemonium: The Great Indian Banking Tragedy, bestselling author Tamal Bandyopadhyay takes you in search for the answer. It is a definitive insider story on the rot in India’s banking system – how many promoters easily swapped equity with debt as bank managements looked the other way to protect their balance sheets, until the RBI began waging a war against ballooning bad loans.