Description
Barons Of Banking: Glimpses Of Indian Banking History provides an insight into the lives of six prominent personalities from various institutes of banking. Sorabji Pochkhanawala, one of the founders of the Central Bank of India, Sir Purshotamdas Thakurdas, Chintaman D. Deshmukh, the first Indian Governor of the Reserve Bank of India, A D Shroff, founder of the Investment Corporation of India, H T Parekh, the founder of HDFC and R K Talwar form the majority of contributors to the Indian banking scene.
The history of the institutions that are associated with each of the six noteworthy financiers forms a big part of Bakhtiyar Dadabhoy’s book. The Central Bank of India, HDFC, Industrial Credit and Investment Corporation of India Ltd, Reserve Bank of India and State Bank of India are the five major banking institutes linked to the development of the country’s banking and finance sector. The facts and figures of each are unravelled during the course of this book.
The committees associated with banking houses and their contribution had an impact in shaping the banking regimen, as stated in the book. A choice element in Barons Of Banking is an analysis of the spiteful relations between Sir James Grigg, the Finance Member of the Viceroy’s Executive Council and Sir Osborne Smith, the first Governor of the RBI. The book moves towards the mandates and policies of the RBI and proves to be an affirmative read for bankers and non-bankers alike.
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