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Avi Publishers
23 cm
2014
Hardcover
Rs. 595.00
Banking system in any country is an intermediary through which the savings of the savers are
channelled to the borrowers or loan-seekers who, in turn, supposedly, utilise these funds for
productive activities. The banking system is also the mechanism through which the
government of the country regulates, monitors or directs the money circulation within the
country. The monetary policy of the government, for all practical purposes, gets translated
into reality through the banking system of the country.
Bhutan's banking system, similar to other countries, consists of commercial banks (though
small in size and number) and a central bank. The commercial banks have branches in
various parts of the country, catering to the needs of the sparsely populated or densely
populated geographical areas of the country, predominantly dotted with mountains, hills and
forests. The central bank oversees the functioning of commercial banks and acts as the
'Banker of the Banks', as is said generally while referring to any Central Bank. It also acts as
an organ through which governments' policies, particularly monetary ones, are implemented.
The present book "Banking System of Bhutan" vividly describes the history, growth and the
current status of the banks in Bhutan. It also analyses their performances over the given time
frame in terms of deposit mobilisation, loans and advances, non-performing assets (NPAs)
and so on. The central bank of Bhutan has also been discussed along with the assessment of
the functions, any Central Bank has to perform.
The book is a milestone, filling the vacuum in the literature on Bhutan, particularly related to
its banking sector. It will be a highly useful reading for students, scholars, researchers and
any inquisitive mind desirous of knowing more about Bhutan's banking system.
About The Author
Prof. Ravindra K. Gupta has been working as an Associate Professor of a constituent college
of the University of Delhi for the last 30 years. A Commerce graduate from SRCC, he
completed his Master’s, MPhil, and PhD from the Delhi School of Economics. With about 30
years of teaching experience at both the UG and PG levels, Prof. Gupta has consistently
excelled academically and professionally.
He specialises in Accounting and Finance, has authored and published numerous research
papers. His academic journey includes presentations at prestigious conferences across New
Zealand, the UK, Singapore, and Japan. A recipient of the Australian Endeavour Research
Fellowship, he has also served in Bhutan under the Colombo Plan. Known for his administrative
acumen and scholarly depth, Prof. Gupta is a sought-after speaker at leading institutions and has
been honoured with several awards, including the 'Best Teacher Award'.
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