The Literature Lounge: RBI’s Response to the Harshad Mehta Scam: Alpana Killawala Tells All | Ep 25

The Literature Lounge stands out as a unique podcast series devoted to authors whose books captivate readers and serve as catalysts for stimulating conversations. In partnership with Rupa Publications India, one of the leading publishing companies in India, we will host authors from diverse backgrounds to explore their literary works, delve into their creative journeys, and uncover the inspirations behind their achievements. So, let's dive into the world of books.Episode SummaryIn 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!Chapters00:00 - Introduction01:35 - Inspiration Behind ‘A Fly on the RBI Wall’03:36 - Politics Inside of RBI06:28 - Evolution of RBI & How It Has Shaped India09:22 - How The Management of RBI is Appointed13:42 - 1931 Balance of Payments Crisis17:00 - The Harshad Mehta Scam22:43 - Central Bank’s Take on the Scam25:12 - What Led to Demonetisation27:02 - Where Does RBI Stand Globally30:26 - Learnings From Fellow Governors34:14 - Rise of Fintech System37:02 - Patriarchy in RBI38:30 - Advice to Budding Bankers40:18 - Concluding RemarksConnect with UsMohua Chinappa: https://www.linkedin.com/in/mohua-chinappa/The Mohua Show: https://www.themohuashow.com/Connect with the GuestAlpana Killawala: https://www.linkedin.com/in/alpana-killawala-8991074a/ Follow UsYouTube: https://www.youtube.com/@TheMohuaShowInstagram: https://www.instagram.com/themohuashow/LinkedIn: https://www.linkedin.com/company/themohuashow/Facebook: https://www.facebook.com/themohuashow/For any other queries [email protected] Link A Fly On The RBI Wall: An Insider’s View of the Central Bank: https://amzn.in/d/5CvoQk1 DisclaimerThe 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 Thanks for Listening! Hosted on Acast. See acast.com/privacy for more information.