Urjit Patel - Overdraft: Saving The Indian Saver

Overdraft: Saving The Indian Saver — read online for free the complete book (whole text) full work

Below is the text of the book, divided by pages. System saving the place of the last page read, allows you to conveniently read the book "Overdraft: Saving The Indian Saver" online for free, without having to search again every time where you left off. Put a bookmark, and you can go to the page where you finished reading at any time.

Light

Font size:

↓

↑

Georgia Tahoma Arial Verdana

Reset

Interval:

↓

↑

Bookmark:

Make

1234567...31

For the Indian saver

CONTENTS

AE	Advanced Economy
AMH	Aggravated Moral Hazard
AQR	Asset Quality Review
BCP	Basel Core Principles
BR Act	Banking Regulation Act, 1949
BRICS	Brazil, Russia, India, China, South Africa
CAG	Comptroller and Auditor General
CAR	Capital Adequacy Ratio
CBI	Central Bureau of Investigation
CFM	Capital Flow Management
CIRP	Corporate Insolvency Resolution Process
CP	Core Principle
CRAR	Capital to Risk (weighted) Assets Ratio
CRILC	Central Repository of Information on Large Credits
CVC	Central Vigilance Commission
DRT	Debt Recovery Tribunal
EBITDA	Earnings Before Interest, Taxes, Depreciation and Amortization
EMEs	Emerging Market Economies
FA	Financial Accelerator
FII	Foreign Institutional Investor
FLC	Financial Leverage Coefficient
FRBM	Fiscal Responsibility and Budget Management
FRDI	Financial Resolution and Deposit Insurance
FSAP	Financial Sector Assessment Programme
FSDP	Financial Stability and Development Council
FSP	Financial Service Provider
FSSA	Financial System Stability Assessment
FSR	Financial Stability Report, Reserve Bank of India
GB(s)	Government Bank(s) (in which the government is the majority shareholder)
GDP	Gross Domestic Product
GFSN	Global Financial Safety Net
GNPA(s)	Gross Non-Performing Asset(s)
GoI	Government of India
GSDP	Gross State Domestic Product
HC	High Court
HFC	Housing Finance Company
IAC	Internal Advisory Committee
IBBI	Insolvency and Bankruptcy Board of India
IBC	Insolvency and Bankruptcy Code, 2016
ICA	Inter-creditor Agreement
IFRS	International Financial Reporting Standards
IMF	International Monetary Fund
Ind AS	Indian Accounting Standards
JLF	Joint Lenders Forum
LIC	Life Insurance Corporation
LTV	Loan to Value
MPM	Macro-Prudential Measure
MSME	Micro, Small, Medium Enterprise
NBFC	Non-Banking Financial Company
NCLAT	National Company Law Appellate Tribunal
NCLT	National Company Law Tribunal
NIM	Net Interest Margin
NPA(s)	Non-Performing Asset(s)
OC	Overseeing Committee
PB(s)	Private Bank(s)
PCA	Prompt Corrective Action
PCR	Provision Coverage Ratio
RBI	Reserve Bank of India
RDDBFI	Recovery of Debts Due to Banks and Financial Institutions Act, 1993
RoA	Return on Assets
RoE	Return on Equity
SARFAESI	Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
SBI	State Bank of India
SC	Supreme Court
SCB	Scheduled Commercial Bank
SDR	Strategic Debt Restructuring Mechanism
S4A	Sustainable Structuring of Stressed Assets
SIB	Systemically Important Bank
SIFI	Systemically Important Financial Institution
SMA	Special Mention Accounts
SPARC	Supervisory Programme for Assessment of Risk and Capital
SPPAB	Special Purpose Power Assets Bank
TBTF	Too Big to Fail
WB	World Bank

I HAVE BEEN IN the news; while it lasted, the contretemps made good theatre. It ended when I stepped down. The theatre of eminences has been going on for centuries and will continue for many more; eventually, everyone is forgotten. I do not wish to write about these passing matters. But there are some issues of economic outlook and policy that are important for our nation's destiny; it is essential to address them correctly. I have written this book to share my approach to them with my fellow citizens. I may be right or wrong; you may agree or disagree with me. What matters is that the correct solution should emerge out of public debate on the issues, not the personalities. Hence, this book. If it contributes towards pointing our economy in the right direction, it will have served its purpose. In the meantime, enjoy the drama of monetary policy.

A book is a good opportunity to acknowledge debts by expressing gratitude to mentors, teachers, colleagues and fellow travellers. This project was initiated and concluded with the help and encouragement of Ashok V. Desai, Arvind Panagariya, Jalpa Mapara, Rahool Pai-Panandiker, and Krishan Chopra of HarperCollins. The kernel for the book was drawn from speaking engagements in 2019 at Stanford (the 19th Annual Conference on Indian Economic Policy); University of California, Santa Cruz (seminar in the Department of Economics); Siena (Santa Colomba Conference); Yale (Wilbur Cross Medal oration in the Department of Economics); and Ahmedabad University (conference on 50 Years of Bank Nationalization: Indian Banking at Crossroads).

Some of the content resonates with the knowledge and mode of thinking that I was fortunate enough to imbibe from Willem H. Buiter, T.N. Srinivasan, Kenneth Kletzer, John Vickers, Vijay Kelkar, Sudhir Mulji and Deena Khatkhate. Deepak Lal was the first source of gainful employment in 1987; we also wrote a paper together.

Over many years, numerous friends and former colleagues gave support, professional and personal: I.G. Patel, Rajendra Pattni, Deepak Haria, Dan Pillay, Govinda Rao, Pratap Bhanu Mehta, Tushar Patel, M.G. Bhide, Makarand Dehejia, Chetan Ahya, Jagdish Bhagwati, Meghnad Desai, Yoginder Alagh, P.J. Nayak, Sajjid Chinoy, Raaj Sah, Girish Modi, Anjini Kochar, Flavio Delbono, Plutarchos Sakellaris, Jaydev Raja, Suman Bery, Peter Sanfey, Pankaj Chandra, Suresh Mathur, Sandeep Dave, Anand Srinivasan, Bahram Vakil, Rajiv Desai, Nachiket Mor, Janmejaya Sinha and Vivek Dehejia.

Eswar Prasad, Ratna Sahay, Stephen Fries, Chandrakant Patel, Gopi Arora (IMF); Narendra Jadhav, R.K. Das, Viral Acharya, Bhupal Singh, Michael Patra, Anand Sinha, N.S. Vishwanathan, R. Gandhi, Malvika Sinha, G. Padmanabhan, B. Mahapatra, Yashpal Charan, Vaibhav Chaturvedi, Mridul Sagar, C. Rangarajan (RBI); Montek Singh Ahluwalia, N.K. Singh, Madhusudhan Prasad, Shankar Acharya, Arvind Virmani, Arvind Mayaram, Umesh Gupta, D.K. Mittal, Rajiv Mehrishi, Anjuly Chib Duggal, Ajay Tyagi, Tapan Ray, P.K. Mishra (Government of India); Mukesh Ambani, P.M.S. Prasad, Atul Chandra, Anil Dhar (Reliance Industries Limited); Deepak Parekh and Nasser Munjee (IDFC Limited).

Next page

1234567...31

Light

Font size:

↓

↑

Georgia Tahoma Arial Verdana

Reset

Interval:

↓

↑

Bookmark:

Make

Similar books «Overdraft: Saving The Indian Saver»

Look at similar books to Overdraft: Saving The Indian Saver. We have selected literature similar in name and meaning in the hope of providing readers with more options to find new, interesting, not yet read works.

Bhaichand Patel

Bollywoods Top 20: Superstars of Indian Cinema

Nitisha Patel

The delicious book of dhal: Comforting vegan and vegetarian recipes made with lentils, peas and beans

James Ulager

Beginning Seed Saving for the Home Gardener

Patel

War of 1812

Nash Patel

Dosa Kitchen

Urijit Patel

Overdraft: Saving the Indian Saver

Patel

My Modern Indian Kitchen: Over 60 recipes for home-cooked Indian food

B. Krishna

Sardar Vallabhbhai Patel: The Man Who Unified India

Sanjay Patel

The Art of Sanjay’s Super Team

Yogesh Patel [Patel

Sitecore Cookbook for Developers

Nitisha Patel

My Modern Indian Kitchen: Over 60 recipes for home-cooked Indian food

Patel

Prashad cookbook : Indian vegetarian cooking

Discussion, reviews of the book Overdraft: Saving The Indian Saver and just readers' own opinions. Leave your comments, write what you think about the work, its meaning or the main characters. Specify what exactly you liked and what you didn't like, and why you think so.