A Bank for the Buck: The Story of Hdfc Bank

A Bank for the Buck: The Story of Hdfc Bank

The Story of HDFC Bank, the new bank movement and the untold story of the making of India’s most valued bank. This is the story of the birth and growth of India’s most valued Bank -HDFC Bank Ltd -against the backdrop of the new bank movement in India that started in 1994 when the Reserve Bank of India opened up the sector to introduce competition and to force banks to be efficient and more productive. Many books have tried to give meaning to India’s recent history, to put it in the larger context of a complicated and confounding society, but this effort stands out because it does something that has been difficult to attempt -retelling the story of modern India through the lens of business. Given the author’s familiarity with bankers, policy makers and central bankers, this fast-paced, jargon-free book, written for a wide audience, brings to life an engrossing and sweeping tale of 21st century India, with all its foibles and charms.

Foreword

Dr. Yaga Venugopal Reddy

Former Governor of the Reserve Bank of India
The author, Tamal Bandyopadhyay, called me a month ago and requested me to write a foreword for his forthcoming book on HDFC Bank Ltd—a unique story of the evolution of a modern bank in India, woven from several interviews. I was happy to write a foreword from respect and affection for the author, and decided to write only about him in the foreword. While he said he would be comfortable with whatever I wrote, he urged me to read the full manuscript and then decide what to write.

Testimonials

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S.S. Tarapore
Former Deputy Governor of Reserve Bank of India

Tamal’s meticulously researched book will be a reference document for any serious study of the evolution of RNBCs. Hence, it should be mandatory reading for policymakers, opinion makers, participants in the financial sector and the discerning public.

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D.N. Ghosh
Former Chairman of the State Bank of India

This is a gripping story … Narrated with journalistic panache, the book offers the readers a peep into the mysteries surrounding Sahara’s phenomenal growth.

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Suresh Prabhu
Minister of Railways

Great research, well written.Very bold, sincere, investigative and gripping!.

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Vinod Rai
Former Comptroller and Auditor General of India

It is an exceedingly well researched book bringing out a balanced viewpoint

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Dr. Y.V. Reddy
Former Governor of RBI

It’s a sort of recent oral history of a financial institution. Tamal has set a new trend in the dissemination of knowledge.

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Deepak Parekh
HDFC Chairman

Tamal is regarded for his incisive reasoning and analysis… It is time to welcome the arrival of a new author.

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Deepak Parekh
HDFC Chairman

Tamal is regarded for his incisive reasoning and analysis… It is time to welcome the arrival of a new author.

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K.V. Kamath
BRICS Bank President

A fast-paced story, told in typical Tamal style. Unputdownable. Well-researched, well-written and extremely readable.

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T.N. Ninan
Editorial Director of Business Standard

Tamal’s sharp reporting instincts as well as eye for detail help him pain a profile that accurately reflects the original.

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Raju Narisetti
Founding Editor of Mint

The ultimate insider story… that could only have been retold by India’s most respected and well-sourced banking and financial journalist.