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IM Ahmedabad has been, since its creation fifty years ago, India's pre-eminent management institution. A little over three years after it was set up, Vikram Sarabhai chose a young corporate executive, Ravi Matthai, to head the team of academics he had assembled at IIMA, many of whom had been trained at Harvard Business School. Matthai was thirty-eight years old when he was appointed the institution's first full time director. Though not an academic by training, Matthai succeeded in building on t
The book contends that, while several factors can be blamed for the financial crisis of 2007, a failure of regulation was the most important one. The changes to bank regulation that have happened since are not good enough to make the banking system a great deal safer than before We need to look at radical, out-of-the-box solutions if another major financial upheaval is to be prevented.
This book provides a balanced evaluation of the process of deregulation and privatisation within the overall context of economic reform in India.
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