All Your Worth

Tamal Bandopadhyay’s book is ambitious in scope and design, written with domain knowledge, lucidity, and the light touch of the professional newsman. Beginning with the turbulent decade which saw the collapse of Lehman Brothers, he outlines the cascading sequence of devastating events which followed. The Reserve Bank of India (RBI), led by the astute Dr YV Reddy who successfully ring-fenced the Indian banks from the turmoil, comes in for well-deserved praise.