The long road to building an Indian banking union: Learning history backwards from European Banking Union

My new piece in Mint.

One usually does historical research by going into past and try figure evolution and make sense of the world today. There is another way where we look at evolution in current terms in some economy and try & figure whether and how we could apply these ideas to some economy in the past.

The case of ongoing developments in European Banking Union belongs to the second category. As the members of Europe try and build a banking union, it gives us this rare opportunity to look at banking union in other countries as well.

This piece in Mint looks briefly at how banking union gradually developed in India as well. The comparisons are fascinating and striking…

 

2 Responses to “The long road to building an Indian banking union: Learning history backwards from European Banking Union”

  1. Pratik Datta Says:

    Brilliant piece Amol! Any article/resources you would recommend for lawyers interested in the history of Indian banking laws over and above RBI’s history volumes?

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