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About the book
Barons of Banking highlights the contributions of six distinguishedpersonalities from the world of banking-Sir Sorabji Pochkhanawala, Sir PurshotamdasThakurdas, Sir Chintaman D. Deshmukh, A.D. Shroff, H.T. Parekh, and R.K. Talwar-who not only played a pioneering role in the growth of the institutions which theyfounded, or were actively associated with, but left an indelible mark on the bankingindustry as a whole. Through the narration of the history of five key institutions - theCentral Bank of India; the Reserve Bank of India; the State Bank of India; the IndustrialCredit and Investment Corporation of India Ltd; and the Housing Development andFinance Corporation Ltd-the author gives us a keen insight into the contributions of theseluminaries to banking in India. Also included is a narration of the recommendations ofimportant committees and commissions which influenced the course of Indian banking.Divided into four parts, the book uses hitherto unused archival material recently put inthe public domain by the RBI. Of particular interest is a discussion of the acrimoniousrelationship between Sir James Grigg, the Finance Member of the Viceroy's ExecutiveCouncil and Sir Osborne Smith, the first Governor of the RBI, which throws fresh light ona spat which remains unprecedented not only in the bank's history, but possibly in all ofbanking history.Meticulously researched and engagingly written, this book will be of interest to both theacademic and general reader and, of course, to the professional banker interested in aselective peep into the history of his profession.
About the Author
Bakhtiar K. Dadabhoy is a civil servant based in Mumbai. He was educated at HinduCollege, Delhi University, and at the Delhi School of Economics. He is the author offive books including the best-selling Jeh: A Life of JRD Tata and Sugar in Milk: Lives ofEminent Parsis. Dadabhoy also contributes articles to newspapers and magazines. He dida daily column This Day in History' for the Hindustan Times and HT Next for five years.His other interests include painting and quizzing. He was on BBC's Mastermind Indiain 2000.
Barons of Banking: Glimpses of Indian Banking History
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