000 02475nam a22001697a 4500
020 _a978-0670088928
082 _a331.215 SUB
100 _aSubbarao, Duvvuri
245 _aWho moved my interest rate?: leading the reserve bank of India through five turbulent years
260 _aHaryana
_bPenguin Books
_c2016
300 _axxv, 323 p.
_b24 cm ; Hard Bound
500 _aVelan/ VBS/262/16-17/23-02-17 Rs. 699/-
505 _a1. From Main Street to Mind Road 2. Baptism by Fire 3. Baby step Subbarao 4. When the facts change, I change My mind 5. Inside the Chakravyuh 6. Demystifying the Reserve Bank 7. Rupee Tantrums 8. The Signal and Noise 9. Walking Alone 10. Two More Years 11. What does your promise Mean Governor ? 12. Gold finger Governor 13. Keep your Ear Close to the Ground 14. Sleeping at the Wheel 15. Footlose in the World of Central Banking 16. Moving on
520 _aDuvvuri Subbarao's term as the governor of the Reserve Bank of India from 2008 to 2013 was by all accounts an unusually turbulent period for the world and for India. The global financial crisis erupted within a week of his assuming office. Then, just as the impact of the crisis on India ebbed, the action shifted to combating a decade-high, stubborn inflation during 2009 - 11, which segued into a battle against a sharp depreciation of the rupee starting mid-2012. Who Moved My Interest Rate is an insider's account of the dilemmas and quandaries Subbarao confronted while leading the Reserve Bank through these extraordinary economic and political challenges. Subbarao's five years at the Reserve Bank also marked an intellectually vigorous period for central banking around the world. Not only did the global financial crisis test the policy force of central banks, but it also raised several questions about the breadth of their mandates and the limitations of their autonomy and accountability. While much of the existing debate is set in the advanced economy context, Who Moved My Interest Rate places these issues squarely in an Indian and emerging market perspective. This is also a compelling chronicle of Subbarao's attempts to demystify the Reserve Bank and explain to the public its impact on their everyday lives. Honest, authoritative and deeply insightful, this book enhances our understanding of what is, arguably, one of India's most trusted institutions.
650 _aReserve Bank of India -- Biography
_aBanking sector
_aBankers -- India -- Biography
942 _cBK
999 _c102967
_d102967