Main Note - [Resources](Resources.md#Books) , [About the RBI](About%20the%20RBI.md)
> ==This is the spreadsheet [file](https://docs.google.com/spreadsheets/d/1qrdL1rDM0eaGR7ACrnReSaPog3SWbCJlYi15puOgaoQ/edit?usp=sharing) with the list of the books mentioned on this page.== *(no email id required)*
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## Books by RBI
1. 1. [Mint Road Milestones: RBI at 75](https://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=22285): Released in 2010
1. ‘Mint Road Milestones: RBI At 75’, is a chronology compiled to mark the Platinum (75) Jubilee year of the Reserve Bank of India. The chronology is preceded by an introductory which presents a brief history and also initiates the reader to the role and responsibilities of country's central bank.
2. The publication has been an attempt to put central banking in the context of the broader socio-political developments of the day, both in the world and domestically.
3. The Reserve Bank’s journey is supported by visuals and vignettes that provide glimpses into its eventful past and the road it has traversed; they also help to bring alive the spirit of one of the venerable central banks in the developing world.
4. Mint Road Milestones: RBI at 75 is a part of the Reserve Bank’s effort to advance financial education.
2. [Perspectives on Central Banking: Governors Speak - 2010](https://rbi.org.in/scripts/BS_SpeechesView.aspx?Id=458) - It is a compendium of key speeches of RBI Governors.
3. 50 Years of Central Banking: Governors Speak-1997 - The compilation has 32 speeches from 13 different RBI governors, spanning 1948 to 1997.
4. [[RBI_Brochure_20140508_Reserve Bank of India - Brochure.pdf|Reserve Bank of India - Brochure]], published on May 08, 2014
5. [[About the RBI#The RBI History Project|The RBI History Project]]
6. [[About the RBI#Book by RBSC, Chennai|Books by RBSC, Chennai]]
1. [[RBI_RBI's Functions and Working_2020.pdf|2020 version]]
2. [2017 version](RBI_RBSCC_201711_RBI's%20Functions%20and%20Working_2017.pdf)
3. [[RBI_RBI's Functions and Working_2010.pdf|2010 version]]
I have tried to format it in APA-7 format, as much as I could do, to easily copy-paste into your references section
## Books by governors, deputy governors, other officials of the RBI
1. Jalan, B. (1992). The Indian Economy: Problems and Prospects. (2004). India: Penguin Books.
2. Jalan, B. (1991). India’s Economic Crisis: The Way Ahead. Oxford University Press
3. Jalan, B. (1992). [India’s Economic Policy: Preparing for the Twenty-first Century (2000)](https://www.penguin.co.in/book/indias-economic-policy/). Penguin Books India.
4. Jalan, B. (2005). [The Future of India: Politics, Economics and Governance (2006)](https://www.penguin.co.in/book/future-of-india/). Penguin Books India.
5. Jalan, B. (2007). [India’s Politics: A View from the Backbench (2008)](https://www.penguin.co.in/book/indias-politics/). Penguin Books India.
6. Jalan, B. (2012). [Emerging India: Economics, Politics and Reforms (2013)](https://www.penguin.co.in/book/emerging-india/). Penguin Books India.
7. Jalan, B. (2017). [India: Priorities for the Future(2018)](https://www.penguin.co.in/book/india-2/). Penguin Books India.
8. ==Subbarao, D. (2020, February 18). [The dollar as the dominant global reserve currency: A threat to financial stability?](https://www.rsis.edu.sg/wp-content/uploads/2020/02/PR200218_The-Dollar-As-The-Dominant-Global-Reserve-Currency_v2.pdf). Press Release. S. Rajaratnam School of International Studies.==
9. ==Subbarao, D. (2024). Just a Mercenary? Notes from My Life and Career. India Viking.==
10. ==Subbarao, D. (2017). Who moved my interest rate: Leading the Reserve Bank Through Five Turbulent Years.==
11. Subbarao, D. & ISAS. (2014). [India’s current macroeconomic situation](https://www.isas.nus.edu.sg/wp-content/uploads/media/isas_papers/ISAS_Special_Report_19_-_India's_Current_Macroeconomic_Situation_08072014164507.pdf). In ISAS Special Report.
12. Mohan, R. (n.d.). Monetary policy in a globalized economy.
13. Mohan, R., & Sullivan, K. (2006). Promoting the use of government evaluations in policymaking: Winter 2006.
14. Mohan, R. (Ed.). (n.d.). Facets of the Indian economy: The NCAER golden jubilee lectures.
15. Bernstein, D. J., Mohan, R., & Whitsett, M. D. (Eds.). (n.d.). Responding to sponsors and stakeholders in complex evaluation environments.
16. Mohan, R., National Council of Applied Economic Research. (n.d.). Small scale industry policy in India: A critical evaluation.
17. Mohan, R., Oman, C., Goswami, O., & Ahluwalia, I. J. (n.d.). Policy reform in India.
18. Mohan, R. (n.d.). Effects of population growth, the pattern of demand, and technology on the process of urbanization: An application to India.
19. Mohan, R. (n.d.). Urban economic and planning models: Assessing the potential for cities in developing countries
20. Mohan, R. (2018). India Transformed: Twenty-Five Years of Economic Reforms. Penguin Random House India.
21. Mohan, R. (2011). Growth with financial stability: Central banking in an emerging market. Oxford University Press.
**Raghuram Rajan**
22. Rajan, R. (2023). Monetary Policy and Its Unintended Consequences. United Kingdom: MIT Press.
23. Rajan, R., Lamba, R. (2023). Breaking the Mould: Reimagining India's Economic Future. India: Penguin Random House India Private Limited.
24. Rajan, R. G. (2019). The Third Pillar: How markets and the state leave the community behind. Penguin Press.
25. Blanchard, O., Rajan, R., Rogoff, K., & Summers, L. H. (Eds.). (2018, August 28). Progress and confusion: The state of macroeconomic policy. [MIT Press](https://mitpress.mit.edu/9780262535991/progress-and-confusion/).
26. Rajan, R. G. (2017). I do what I do: On reform, rhetoric and resolve. HarperBusiness.
27. Rajan, R. G. (2010). [Fault lines](https://press.princeton.edu/books/hardcover/9780691146836/fault-lines): How hidden fractures still threaten the world economy. Princeton University Press.
28. Rajan, R. G. (2006). Saving capitalism from the capitalists: Unleashing the power of financial markets to create wealth and spread opportunity. Princeton University Press. Originally co-authored with Luigi Zingales; this is the Indian edition with Rajan listed as primary author.)
29. Rajan, R. G., & Zingales, L. (2003). Saving capitalism from the capitalists: Unleashing the power of financial markets to create wealth and spread opportunity. Princeton University Press.
**C. Rangarajan**
30. Rangarajan, C. (2022). Forks in the road: My days at RBI and beyond. Penguin Business.
31. Rangarajan, C., & Dev, S. M. (2016). Counting the poor in India: Where do we stand? Academic Foundation.
32. Rangarajan, C., & Srivastava, D. K. (2011). Federalism and fiscal transfers in India. Oxford University Press.
33. Rangarajan, C. (2009). India: Monetary policy, financial stability and other essays. Academic Foundation.
34. Rangarajan, C., & Kannan, R. (2004). Select essays on Indian economy: Volumes 1 & 2. Academic Foundation.
35. Rangarajan, C. (2000). Perspectives on Indian economy: A collection of essays. UBS Publishers' Distributors Ltd.
36. Rangarajan, C. (2000). Structural reforms in industry, banking, and finance: A case study of India. Institute of Southeast Asian Studies.
37. Rangarajan, C. (2002). Leading issues in monetary policy. Bookwell.
38. Rangarajan, C. (1998). Indian economy: Essays on money and finance. UBS Publishers' Distributors Ltd.
39. Rangarajan, C. (1982). Agricultural growth and industrial performance in India. International Food Policy Research Institute.
40. Rangarajan, C. (1982). Innovation in banking. Oxford and IBH.
41. Rangarajan, C. (Ed.). (1981). Strategy for industrial development in the 80s. Oxford and IBH.
42. Rangarajan, C., & Dholakia, R. H. (1979). Principles of macroeconomics. Tata McGraw-Hill.
43. Rangarajan, C., & Dholakia, R. H. (1974). Short-term investment forecasting. Macmillan.
**Y. V. Reddy**
44. Reddy, Y. V. (2000). Monetary and Financial Sector Reforms in India: A Central Banker's Perspective. India: UBS Publishers' Distributors.
45. Reddy, Y. V. (2002). Lectures on economic and financial sector reforms in India. Oxford University Press.
46. Reddy, Y. V. (2008). Public enterprise reform and privatisation. Academic Foundation.
47. Reddy, Y. V. (2009). India and the global financial crisis: Managing money and finance. Orient Blackswan.
48. Reddy, Y. V. (2010). Global crisis, recession and uneven recovery. Orient Blackswan.
49. Reddy, Y. V., & Reddy, G. R. (2011). Indian fiscal federalism. Oxford University Press.
50. Khatkhate, D. R. (Ed.), with Reddy, Y. V. (2012). Of economics, policy, and development: An intellectual journey—Collected essays of I. G. Patel_. Oxford University Press.
51. Reddy, Y. V. (2013). _Economic policies and India’s reform agenda_. Oxford University Press.
52. Reddy, Y. V., Valluri, N., & Ray, P. (2014). _Financial and fiscal policies: Crises and new realities_. Orient BlackSwan.
53. Reddy, Y. V. (2016). _Advice and dissent: My life in public service_. HarperCollins India.
54. Reddy, C. R., & Reddy, Y. V. (2017). _Demonetisation and black money_. Orient BlackSwan. _(Foreword by Y. V. Reddy)_
55. Venugopal Reddy, Y. (2000). *Monetary and Financial Sector Reforms in India: A Central Banker's Perspective*. India: UBS Publishers' Distributors.
56. Patel, U. R. (2019). Overdraft: Saving the Indian saver. Harper Business.
**Viral V. Acharya** [^1] ^0ace71
57. Acharya, V. V., & Richardson, M. (Eds.). (2009). _Restoring financial stability: How to repair a failed system_. John Wiley & Sons.
58. Acharya, V. V., & Richardson, M. (Eds.). (2009). _The financial crisis of 2007–09: Causes and remedies_. Blackwell Publishing.
59. Acharya, V. V., Cooley, T., Richardson, M., & Walter, I. (Eds.). (2010). _Regulating Wall Street: The Dodd-Frank Act and the new architecture of global finance_. John Wiley & Sons
60. Acharya, V. V., van Nieuwerburgh, S., Richardson, M., & White, L. J. (2011). _Guaranteed to fail: Fannie Mae, Freddie Mac, and the debacle of mortgage finance_. Princeton University Press.
61. Acharya, V. V., Cooley, T., Richardson, M., & Walter, I. (Eds.). (2011). _Dodd-Frank: One year on_. NYU Stern School of Business & Centre for Economic Policy Research. (E-book published via VoxEU.org).
62. Acharya, V. V., Beck, T., Evanoff, D. D., Kaufman, G. G., & Portes, R. (Eds.). (2013). _The social value of the financial sector: Too big to fail or just too big?_ World Scientific Publishing.
63. Acharya, V. V. (2020). _Quest for restoring financial stability in India_. SAGE Publications India. (2nd ed., Penguin Business, 2023)
64. Acharya, V. V., Richardson, M. P., Schoenholtz, K. L., & Tuckman, B. (Eds.). (2023). _SVB and beyond: The banking stress of 2023_. NYU Stern School of Business. (Also published as _CEPR Rapid Response Economics Report_, August 2023).
65. Acharya, V. V., Carletti, E., Restoy, F., & Vives, X. (2024). _Banking turmoil and regulatory reform_ (The Sixth CEPR Report on the Future of Banking). Centre for Economic Policy Research.
**Alpana Killawala**
66. Killawala, A. (2024). A fly on the RBI wall: An insider's view of the central bank. [Rupa Publications India](http://rupapublications.co.in/book/a-fly-on-the-rbi-wall-an-insiders-view-of-the-central-bank).
**Ashutosh Raravikar**
67. Raravikar, Ashutosh. Business Modelling For Successful Urban Cooperative Banking In India.
68. Raravikar, Ashutosh. Indian Banking in Retrospect - 75 Years of Independence.
**A.Vasudevan**
69. ==External Debt Management: Issues, Lessons and Preventive Measures *(contains papers and papers and proceedings of the [seminar](RBI_Press%20Release_19990506_External%20Debt%20Management-%20Issues,%20Lesson%20and%20Preventive%20Measures_Book.pdf))*==
## Books with reviews featured in the 'Occasional Papers' publications
**Till Dec 31, 2024**
[Link](https://rbi.org.in/Scripts/HalfYearlyPublications.aspx?head=Occasional+Papers) to occasional papers
1. Scheyder, E. (2024). *The war below: Lithium, copper, and the global battle to power our lives*. Simon & Schuster.
2. Phelps, E. (2023). *My journeys in economic theory*. Columbia University Press.
3. Angner, E. (2023). *How economics can save the world: Simple ideas to solve our biggest problems*. Penguin Business.
4. Rao, M. G. (2022). *Studies in Indian public finance*. Oxford University Press.
5. Jackson, G. (2022). *Money in one lesson: How it works and why*. Macmillan.
6. Leung, C. K. Y. (Ed.). (2022). *Handbook of real estate and macroeconomics*. Edward Elgar Publishing.
7. ==Rangarajan, C. (2022). *Forks in the road: My days at RBI and beyond*. Penguin Business.==
8. Gupta, N. (2023). *The eight per cent solution: A strategy for India's growth*. Bloomsbury India.
9. Miller, C. (2022). *Chip war: The fight for the world's most critical technology*. Scribner.
10. Harvey, C. R., Ramachandran, A., & Santoro, J. (2021). *DeFi and the future of finance*. Wiley.
11. Chancellor, E. (2022). *The price of time: The real story of interest*. Penguin Books.
12. Nordhaus, W. D. (2021). *The spirit of green: The economics of collisions and contagions in a crowded world*. Princeton University Press.
13. Eichengreen, B., El-Ganainy, A., Esteves, R., & Mitchener, K. J. (2021). *In defense of public debt*. Oxford University Press.
14. Solingen, E. (Ed.). (2021). *Geopolitics, supply chains, and international relations in East Asia*. Cambridge University Press.
15. Domjan, P., Serkin, G., Thomas, B., & Toshack, J. (2021). *Chain reaction: How blockchain will transform the developing world*. Springer.
16. Fraumeni, B. M. (Ed.). (2019). *Measuring economic growth and productivity: Foundations, KLEMS production models and extensions*. Elsevier.
17. Callegari, B. (2020). *Foundations of post-Schumpeterian economics: Innovation, institutions and finance*. Routledge.
18. Kelton, S. (2020). *The deficit myth: Modern monetary theory and how to build a better economy*. PublicAffairs.
19. Imai, K. (2017). *Quantitative social sciences: An introduction*. Princeton University Press.
20. Bernanke, B. S., Geithner, T. F., & Paulson, H. M. (2019). *Firefighting: The financial crisis and its lessons*. Penguin Books.
21. Bathla, S., Joshi, P. K., & Kumar, A. (2020). *Agricultural growth and rural poverty reduction in India: Targeting investments and input subsidies*. Springer.
22. ==Banerjee, A. V., & Duflo, E. (2019). *Good economics for hard times: Better answers to our biggest problems*. PublicAffairs.==
23. Blinder, A. S. (2018). *Advice and dissent: Why America suffers when economics and politics collide*. Basic Books.
24. Shiller, R. J. (2019). *Narrative economics: How stories go viral and drive major economic events*. Princeton University Press.
25. Seidman, L. S. (2018). *How to combat recession: Stimulus without debt*. Oxford University Press.
26. Ghosh, A. R., Ostry, J. D., & Qureshi, M. S. (2018). *Taming the tide of capital flows: A policy guide*. MIT Press.
27. Thaler, R. H. (2015). *Misbehaving: The making of behavioural economics*. W. W. Norton & Company.
28. Rajan, R. G. (2019). *The third pillar: How markets and the state leave the community behind*. HarperCollins India.
29. Oberholzer, B. (2017). *Monetary policy and crude oil: Prices, production and consumption*. Edward Elgar Publishing.
30. Pant, M., & Srivastava, D. (2015). *FDI in India: History, policy and the Asian perspective*. Orient BlackSwan.
31. Guillén, M. F. (2015). *The architecture of collapse: The global system in the 21st century*. Oxford University Press.
32. Bhagat, S. (2017). *Financial crisis, corporate governance, and bank capital*. Cambridge University Press.
33. Raworth, K. (2017). *Doughnut economics: Seven ways to think like a 21st-century economist*. Chelsea Green Publishing.
34. Moosa, I. A. (2016). *Contemporary issues in the post-crisis regulatory landscape*. World Scientific Publishing Co.
35. Rogoff, K. S. (2016). *The curse of cash*. Princeton University Press.
36. Bernanke, B. S. (2015). *The courage to act: A memoir of a crisis and its aftermath*. W. W. Norton & Company.
37. Sharma, S. D. (2014). _Global financial contagion: Building a resilient world economy after the subprime crisis_. Cambridge University Press.
38. Doyle, L. (2014). _In bed with Wall Street: The conspiracy crippling our global economy_. Palgrave Macmillan.
39. ==Minikin, R., & Lau, K. (2013). _The offshore renminbi: The rise of the Chinese currency and its global future_. Wiley. ISBN: 9781118339251.==
40. Lo, C. (2010). _China after the subprime crisis: Opportunities in the new economic landscape_. Palgrave Macmillan. ISBN: 9781349328055.
41. Acharya, S. (2012). _India after the global crisis_. Orient BlackSwan. ISBN: 9788125045090.
42. Rickards, J. (2011). _The new gold standard: Rediscovering the power of gold to protect and grow wealth_. Wiley. ISBN: 9781118043226.
43. Guest, R. (2011). _Borderless economics: Chinese sea turtles, Indian fridges, and the new fruits of global capitalism_. Palgrave Macmillan. ISBN: 9780230113824.
44. Moosa, I. (2010). _The myth of too big to fail_. Palgrave Macmillan. ISBN: 9780230277762.
45. Pradhan, J., & Sauvant, K. P. (Eds.). (2011). _The rise of Indian multinationals: Perspectives on Indian outward foreign direct investment_. Palgrave Macmillan. ISBN: 9780230108448.
46. Dowling, J. M., & Rana, P. B. (2010). _Asia and the global economic crisis: Challenges in a financially integrated world_. Palgrave Macmillan. ISBN: 9780230273634.
47. Skidelsky, R. (2010). _The economic crisis and the state of economics_. Palgrave Macmillan. ISBN: 9780230102545.
48. Rana, P. B., & Dowling, J. M. (2009). _Asia and the subprime crisis: Lifting the veil on the 'financial tsunami'_. Palgrave Macmillan. ISBN: 9781349314355.
49. Kulkarni, A. R. (2011). Health care system in India: Towards measuring efficiency in delivery of services. _The Indian Economic Journal_, 59(3), 166–169.
50. Purohit, M. C., & Purohit, V. K. (2010). _Non-tax sources in India: Issues in pricing and delivery of services_. Gayatri Publications. ISBN: 9788185930152.
51. Busch, A. (2009). _Banking regulation and globalization_. Oxford University Press. ISBN: 9780199572229.
52. Leperche, B., & Uzunidis, D. (Eds.). (2008). _Powerful finance and innovation trends in a high-risk economy_. Palgrave Macmillan. ISBN: 9780230584099.
53. Allen, F., & Gale, D. (2008). _Financial crises_. Edward Elgar Publishing. ISBN: 9781843764243.
54. Hoda, A., & Gulati, A. (2008). _WTO negotiations on agriculture and developing countries_. Oxford University Press. ISBN: 9780195692563.
55. Toussaint, E. (2008). _The World Bank: A critical primer_. Pluto Press. ISBN: 9780745326302.
56. Barrar, P., & Gervais, R. (Eds.). (2006). _Global outsourcing strategies: An international reference on effective outsourcing relationships_. Gower Publishing. ISBN: 9780566087054.
57. Balkenhol, B. (Ed.). (2007). _Microfinance and public policy: Outreach, performance, and efficiency_. Palgrave Macmillan. ISBN: 9780230525665.
58. Greenspan, A. (2007). _The age of turbulence: Adventures in a new world_. Penguin Press. ISBN: 9781594201318.
59. Gangopadhyay, S., Singh, M. G., & Singh, N. (2008). _Waiting to connect: Indian IT revolution bypasses the domestic industry_. India Development Foundation.
## Other books related to RBI and Economics
1. Bhattacharya, A. K. (2025). India's Finance Ministers: Different Strokes (1998-2014). United Kingdom: Penguin Books, Limited.
2. Bhattacharya, A. (2024). India’s Finance Ministers: Stumbling Into Reforms (1977 to 1998). India: Penguin Random House India Private Limited.
3. Bhattacharya, A. (2023). India's Finance Ministers: From Independence to Emergency (1947-1977). India: Penguin Random House India Private Limited.
4. Rathi, G. (2023). *RBI Governors: The Czars of Monetary Policy (1935-2021)*. [Rupa Publications India](https://rupapublications.co.in/public/book/rbi-governors-the-czars-of-monetary-policy-1935-2021)
5. Ramachandran, P. P. (2022).*Veterans of the Reserve Bank. Academic Foundation.
6. Srinivas, V. (2020). _India’s relations with the International Monetary Fund (IMF): 25 years in perspective 1991–2016_ \[Book\]. VIJ Books India Pvt. Ltd; Indian Council of World Affairs | [[Book_2020_V. Srinivas_India’s relations with the International Monetary Fund (IMF)- 25 years in perspective 1991–2016.pdf|pdf]]
7. Bajoria, R. (2018). _The story of the Reserve Bank of India_. [Rupa Publications](https://rupapublications.co.in/public/book/the-story-of-the-reserve-bank-of-india).
8. Ramachandran, P. P. (2015). _RBI—An anecdotal history_. Academic Foundation
9. Goyal, A. (2014). _History of monetary policy in India since independence_. [Springer](https://link.springer.com/book/10.1007/978-81-322-1961-3?).
10. Razack, R., & Jhunjhunwalla, K. (2012). _The Revised Standard Reference Guide to Indian Paper Money_. Coins & Currencies. [Link](https://indianbanknote.blogspot.com/2011/11/revised-standard-reference-guide-to.html)
11. Patel, I. G. (2012). Of Economics, Policy, and Development: An Intellectual Journey. India: OUP India.
12. Virmani, A. (2009). *The Sudoku of India's Growth*. India: Business Standard Books.
13. Patel, I. G. (2002). _Of economics, policy and development: Collected works of Dr. I. G. Patel_. Oxford University Press.
14. Srinivasan, T. (2000). *Eight Lectures on India's Economic Reforms.* OUP India.
15. Books by [Gurcharan Das]( https://gurcharandas.org/all-books)
1. Das, G. (2000). *India Unbound. India.* Penguin Random House India.
16. Romila Thapar (Edited by). *India: Another Millennium?*. (2001). India: Penguin Books.
17. Karthik Muralidharan. (2024). *Accelerating India's Development: A State-led Roadmap for Effective Governance*. India: Penguin Random House.
18. Spiegelhalter, D., Art of Statistics: How to Learn from Data, Hachette Book Group, New Work, 2019.
19. Subhash Chandra Garg. (2024). _The $10 trillion dream dented: The state of the Indian economy and reforms in Modi 2.0 (2019–2024)_. Penguin Business.
## Related Notes
1. [[Resources]]
2. [[About the RBI]]
# References
1. Viral V. Acharya (n.d.). _Curriculum vitae_. NYU Stern School of Business. [Link-Resume](https://pages.stern.nyu.edu/~sternfin/vacharya/public_html/~vacharya.htm) , [Link-NYU Stern page](https://pages.stern.nyu.edu/~sternfin/vacharya/public_html/~vacharya.htm)
2. https://academicfoundation.org/
[^1]: Viral V. Acharya (n.d.). _Curriculum vitae_. NYU Stern School of Business. [Link](https://www.stern.nyu.edu/faculty/bio/viral-acharya)