My new piece in TheIndiaForum on current Indian banking crisis. I look at the role of RBI in the banking crisis from a historical perspective (what else!). I show how banking regulation and supervision has evolved in India with each banking crisis. The past crisis pushed RBI into a corner and the response was changes in regulation. This crisis is no different and has pushed RBI into a corner and the regulator is responding to the crisis. This entry was posted on January 22, 2021 at 11:51 am and is filed under Academic research & research papers, Central Banks / Monetary Policy, Financial Markets/ Finance, Indian Economy/Financial Markets. You can follow any responses to this entry through the RSS 2.0 feed. You can
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Amol Agrawal considers the following as important: Academic research & research papers, Academic research & research papers, Central Banks / Monetary Policy, Financial Markets/ Finance, Indian Economy/Financial Markets
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My new piece in TheIndiaForum on current Indian banking crisis.
I look at the role of RBI in the banking crisis from a historical perspective (what else!). I show how banking regulation and supervision has evolved in India with each banking crisis. The past crisis pushed RBI into a corner and the response was changes in regulation.
This crisis is no different and has pushed RBI into a corner and the regulator is responding to the crisis.