A new book "Indian Banking in Retrospect - 75 Years of Independence" Launched

Tags: Books and Authors

A new book titled "Indian Banking in Retrospect - 75 Years of Independence" has been authored by Dr. Ashutosh Rarawikar, Director, Department of Economic and Policy Research (DEPR), Reserve Bank of India (RBI).

IMPORTANT FACTS -

• This book has been published by Asvad Publications Pvt Ltd.

• Bibek Debroy, chairman of the Economic Advisory Council to the Prime Minister of India, has written the foreword to the book.

Summary Of The Book :

• The book highlights various economic developments like LPG (Liberalisation, Privatisation and Globalisation) reforms during 1991, nationalisation of banks for the first time in 1969, licensing of new private sector banks after 1991, setting up of payments banks, and small finance banks .

• It also mentions financial inclusion, impact of Pradhan Mantri Jan Dhan Yojana on the banking system in India.