In this insightful episode, Alpana Killawala, author of A Fly on the RBI Wall: An Insider’s View of the Central Bank, dives into the inspiration behind her book, drawing from her rich experience as the former Chief General Manager at the Reserve Bank of India. She unpacks the evolution of the RBI, discussing its pivotal role in shaping India’s financial landscape. Alpana Killawala sheds light on the infamous Harshad Mehta scam, its lasting impact on regulatory frameworks, and how demonetization reshaped the Indian economy. The conversation extends to the challenges of balancing domestic economic policies with global financial trends, and how technology is transforming risk mitigation in banking. A must-listen for anyone curious about India’s economic pulse and the intricacies of central banking!
00:00 – Introduction
01:35 – Inspiration Behind ‘A Fly on the RBI Wall’
03:36 – Politics Inside of RBI
06:28 – Evolution of RBI & How It Has Shaped India
09:22 – How The Management of RBI is Appointed
13:42 – 1931 Balance of Payments Crisis
17:00 – The Harshad Mehta Scam
22:43 – Central Bank’s Take on the Scam
25:12 – What Led to Demonetisation
27:02 – Where Does RBI Stand Globally
30:26 – Learnings From Fellow Governors
34:14 – Rise of Fintech System
37:02 – Patriarchy in RBI
38:30 – Advice to Budding Bankers
40:18 – Concluding Remarks
———————————————————–
Connect with Us
Mohua Chinappa: https://www.linkedin.com/in/mohua-chinappa/
The Literature Lounge: https://www.themohuashow.com/
———————————————————–
Connect with the Guest
Alpana Killawala: https://www.linkedin.com/in/alpana-killawala-8991074a/
Book Link
A Fly On The RBI Wall: An Insider’s View of the Central Bank: https://amzn.in/d/5CvoQk1
———————————————————–
Follow Us
Youtube: https://www.youtube.com/@TheMohuaShow
Instagram: https://www.instagram.com/themohuashow/
Linkedin: https://www.linkedin.com/company/themohuashow/
Facebook: https://www.facebook.com/themohuashow/
———————————————————–
Disclaimer
The views expressed by our guests are their own. We do not endorse and are not responsible for any views expressed by our guests on our podcast and its associated platforms.
———————————————————–
#TheMohuaShow #TheLiteratureLounge #Podcast #PodcastEpisode #Literature #Storytelling #PodcastInterview #Writers #WritersOfIndia #Authors #AlpanaKillawala #RBI #Banking #CentralBank #ReserveBankOfIndia #Economics #Economy #IndianEconomy #Demonetisation #Politics #PoliticsInIndia #HarshadMehta #Scam1992 #StockMarket