Quest for Restoring Financial Stability in India 
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 Beyond 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. 
 
 
 
 



        

            
            

                
Publisher
                
SAGE Publications Pvt. Ltd
            
            
            

                
Dimensions
                
13.97 x 2.54 x 21.59 cm
            
            
            

                
Language
                
English
            
            
            

                
Print length
                
396 pages
            
            
            

                
Book Type
                
Hardcover
            
            
            

                
ISBN-10
                
9353884896
            
            
            

                
ISBN-13
                
978-9353884895
            
            
            

                
Publication date
                
7 Aug. 2020
            
            
        
         




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