
R Gandhi: Pioneering best practices in banking - India's record
By Bank for International Settlements (BIS)
In this insightful lecture, R Gandhi argues that India has historically pioneered many financial regulatory standards that are only now being adopted globally as international best practices. He frames India's regulatory philosophy as one rooted in the "People-Centric and Poor-Centric" principles of ancient Indian economics (Arthashastra), adapted for modern resilience.
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