Categories: Books and Authors

“Quest for Restoring Financial Stability in India” authored by Viral V.Acharya

The book titled “Quest for Restoring Financial Stability in India” authored by former Reserve Bank of India (RBI) deputy governor Viral V.Acharya. The book is published by SAGE Publications India Pvt Ltd. The book portrays his quest to restore financial stability in India and offers a concrete plan for sustained improvement.

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About Book:

  • The book is a compilation of his speeches, research and comments as a member of the Monetary Policy Committee, mostly concerned with central banking.
  • He shares a feasible plan to address the recapitalization needs of public sector banks, providing solutions on how to improve credit allocation by credit intermediaries and establish potential and efficient capital markets.
  • The book also mentions the implicit pressure on the monetary policy committee to cut rates.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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Sumit Arora
6 years ago

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