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TAMAL BANDYOPADHYAY Foreword by Y. V. REDDY, former Governor, A BANK for the The Story of HDFC Bank BUCK

THE NEW BANK MOVEMENT & t h e u n t o l d s t o r y o f THE MAKING OF INDIA’S MOST VALUED BANK About the Book Praise for the book A Bank for the Buck

This is the story of the birth and growth of India’s most “Fascinating and inspiring” valued Bank – HDFC Bank Ltd – against the backdrop of Y. V. REDDY, former Governor, RBI the new bank movement in India that started in 1994 when “Gripping” the Reserve Bank of India opened up the sector to DEEPAK PAREKH, Chairman, HDFC introduce competition and to force banks to be efficient and more productive. “Lucid style” Many books have tried to give meaning to India’s recent U. K. SINHA, Chairman, SEBI history, to put it in the larger context of a complicated and “Truly fascinating” confounding society, but this effort stands out because it BIMAL JALAN, former Governor, RBI does something that has been difficult to attempt – retelling the story of modern India through the lens of business. “Unputdownable” K. V. KAMATH Given the author’s familiarity with bankers, policy makers Chairman, ICICI Bank and Infosys and central bankers, this fast-paced, jargon-free book, written for a wide audience, brings to life an engrossing and “Sharp and accurate” sweeping tale of 21st century India, with all its foibles and T. N. NINAN, Chairman and charms. Editorial Director, Business Standard “Ultimate insider story” J-2210 `395 372p Demy ISBN 978-81-8495-396-1 RAJU NARISETTI, Managing Editor World Rights Available The Wall Street Journal Digital

About the Author Contents

Tamal Bandyopadhyay is one of the most respected business 1 One Day in Malaysia journalists in India. His weekly column, Banker’s Trust, in India’s 2 Raising a Toast second-largest read financial daily Mint, where he is Deputy Managing Editor, is widely read for its deep insights into the world 3 The Dirty Dozen of finance and its unerring ability to anticipate major policy moves. 4 ‘There’s a Baby on the Trading Floor!’ Tamal has kept a close watch on the financial sector for over fifteen 5 Business Before the Shop Opens years and has had a ringside view of the enormous changes in Indian finance over this period. He has been a frequent speaker at seminars 6 Doing Ordinary Things across India and has hosted a very successful weekly show (by the in Extraordinary Ways same name as his weekly column) on television, featuring some of 7 The Change in Course India’s most respected bankers, policy makers, central bankers and 8 The Entire Pyramid regulators. 9 Merger, Merger on the Wall He has contributed to The Oxford Companion to Economics in India, edited by and published by Oxford University Press in 10 Anatomy of a Big Bang Merger 2007. Banker’s Trust, an anthology of his weekly column in Mint, has 11 Warts and All recently been published. 12 The Common Sense Banker This is Tamal’s first book. 13 Whose Bank Is It Anyway?

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