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From Lehman to Demonetization

3.85  ·  Rating details ·  85 ratings  ·  15 reviews
From Lehman to Demonetization is the epic story of banking in India in the last decade. The years from 2007 to 2017 were the most tumultuous and exciting time for this sector, which saw D. Subbarao, Raghuram Rajan and Urijit Patel as RBI governors working with finance ministers Pranab Mukherjee, P. Chidambaram and Arun Jaitley.

What a decade it has been-from India's first M
Paperback, 2017, 384 pages
Published 2017 by Penguin India
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Debjit Sengupta
Jan 28, 2018 rated it it was amazing
Once during casual internet browsing, I halted at I came across an article that featured Tamal Bandyopadhyay. The article was an interview with him regarding the launch of his new book- “From Lehman to Demonetization”. He is a veteran and respected business journalist. I first heard of him, when his book “Sahara:The Untold story” created a huge uproar. He tried to unveil some questionable and dubious activities of Sahara India Parivar. It drew group’s ire and they moved court to seek ...more
Arun Pandiyan
Feb 06, 2021 rated it liked it
Just finished reading ‘From Lehman to Demonetization: A Decade of Disruptions, Reforms and Misadventures’ by Tamal Banyopadhyay (pgs. 348)

Last year, when I read ‘Backstage: The story behind India’s high growth years’ by Montek Singh Ahluwalia, I was greatly impressed with his narration of India’s smooth journey through the global economic crisis in 2008, tackling poverty by lifting 250 million out of it, ending India’s nuclear apartheid, followed by high economic growth clocking at 10%. Montek
Parth Agrawal
Jun 01, 2018 rated it really liked it
This book is nothing more than the collection of articles that Mr Bandyopadhyay has written over his career as a financial journalist under various news agencies (primarily Livemint) regarding the some or the other branch of our financial sector. The best part of this book is that it is not chronological in order, instead, it has been divided into chapters which explain the particular topic and all the articles on that subject are arranged accordingly

Commercial Banking, Micro-Finance Industry, M
Prakhar Gupta
Feb 12, 2018 rated it really liked it
This book enlightens the readers about the deep rooted problems in Indian Banking system and helps deciphering the cause and impacts of important financial events in India in the last decade. It also provides a glimpse into the lives and achievements of the eminent personalities of Indian Financial system. The book is actually an organised collection of the newspaper columns written by the Author in the last decade and thus it acts as a good primer on Indian Financial system. However, it fails t ...more
Sanyam Gupta
Mar 01, 2018 rated it really liked it
The book weaves a series of articles in Mint that the author has written over the years into a coherent story of the last ten years of Indian banking. There are a lot of insights and stories in the book, all written in Tamal’s usual brilliant writing style. Because these were originally independent articles, there is some repetition from one chapter to the other that can be irksome at times.
Rupish Saldi
Nov 28, 2018 rated it really liked it
Good understanding of Indian banking sector, from structure to operations.
Nov 21, 2020 rated it it was amazing
This is a brilliant book (compilation of essays and articles) that covers a most comprehensive range of issues spanning the banking sector in India. There is hardly any other book that brings out in such detail the salient developments and debates on Indian banking related issues. Add to that Tamal's rich knowledge of history and his journalistic access to insiders and stalwarts of the industry, which makes the book a delight to read and definitely leads to knowledge addition and appreciation of ...more
Feb 21, 2021 rated it it was ok
Tracking the Indian Financial Services Industry over a decade can be a behemoth task and also make for an exhilarating read. And Tamal Bandyopadhyay is a very credible voice to do the same. This book however is a collection of articles written by him that appeared over the last decade in news publications, grouped into thematics covered in the book. The facts are repetitive across articles, the narrative is absent and does not do justice to 10 years worth of coverage of the BFSI industry. Some a ...more
Powel Talwar
Apr 01, 2018 rated it liked it
Shelves: unfinished
This book is a collection of articles written by the author in newspapers over his career as a journalist (2007-2017). I really enjoy reading his pieces in Mint newspaper but collecting them and presenting as a book took some juice away from them. This could have been a lot better had it be written as a proper book with more analysis and commentary. The quality of articles is no doubt good but I stopped reading as these were just news pieces and I knew almost all of it for recent events (post 20 ...more
Sumit Banerjee
Aug 18, 2020 rated it it was amazing
Shelves: finance
It's a chronicle of the Indian banking and financial industry over a decade which finishes with bite-sized interviews over lunch with fifteen of the most important people in the Indian financial industry.

A must book for anyone who wants to know what happened in the Indian financial sector between these two era defining moments of the crash of Lehman Brothers to the night of Demonetization.
Feb 14, 2021 rated it really liked it
I won't say it's a great book. But it gives an inside perspective of banking in India. Got to learn a bit about how banking works in India , how the RBI, finance ministers, and other financial institutions work to maintain financial stability of the country and the problems we are facing as a nation.
All in all I enjoyed reading it
M.R. Raghu
May 06, 2019 rated it liked it
A loose collection of all articles published in Mint. I am generally not in favor of article collections being touted as a book. However, Tamal has an engaging writing style but can also notice style repetition.
Jun 04, 2019 rated it it was amazing
Lots of finance terms to ponder upon - which makes it an exciting read for someone who’s still trying to make sense of the finance world. Super engaging!
Jigar Shah
Jan 14, 2018 rated it it was amazing  ·  review of another edition
Long history of short period

It is very interesting book and worth reading for students of finance.

I really liked story telling skill of author.
Himanshu Goyal
Dec 07, 2017 rated it it was amazing
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Tamal Bandyopadhyay is an Indian business journalist, known for his weekly column on banking and finance Banker's Trust published in Mint, an Indian business daily brought out by HT Media Ltd. He has authored four books namely From Lehman to Demonetization: A Decade of Disruptions, Reforms and Misadventures Bandhan: The Making of a Bank, Sahara: The Untold Story and A Bank for the Buck.

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