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Failure of Banking Regulation or Private Debt Build-up?
Towards a Safer World of Banking: Bank Regulation after the Subprime Crisis by T T Ram Mohan, New York: Business Expert Press, 2017; pp xvi + 166, $34.95.
T T Ram Mohan is a financial economist trained in neoclassical finance and his book is an account of what has happened within the realm of bank regulation after the onset of the ongoing Global Financial Crisis (GFC) in 2007.
Not only is Ram Mohan a professor of finance and economics at the Indian Institute of Management, Ahmedabad, but has also served on several committees of the Reserve Bank of India and been a member of the Primary Market Advisory Committee of the Securities and Exchange Board of India. Hence, he is one of the best qualified finance scholars to share his knowledge and experience with general readers in India and beyond. As he points out, his book was aimed not only at students of business management, economics, and at bank executives, but it would also interest general readers “who are curious to know what the subprime crisis was all about.”
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