A D Shroff
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A.D. Shroff
Ardeshir Darabshaw Shroff (1899-1965), Eminent Industrialist, Banker And Economist, Is Considered One Of The Architects Of Free India S Industrial Development And Modernization. Among The Earliest Exponents Of Free Enterprise In India, Shroff, Once Called A Congress Economist , Represented The Country As A Non-Official Delegate At The 1944 Bretton Woods Conference And Was An Author Of The Bombay Plan, Prepared By Eight Leading Industrialists In 1944 As A Blueprint For India S Post-War Economy. Later, In The Fifties, As Founder-Director Of The Investment Corporation Of India, Chairman Of Bank Of India And The New India Assurance Company, And Director Of Tatas And Many Other Leading Companies, He Became A Powerful Spokesman For Private Industry In An Increasingly Government Regulated Economy. His Steadfast Adherence To A Vision Of Free Enterprise In India Has Been Vindicated Thirty-Five Years Later By The Liberalization Policies Pursued In The Nineties. This Authorized Biography By Sucheta Dalal Draws Upon The Personal Papers Of A.D. Shroff, The Tata Central Archives, The Papers And Libraries Of The Bank Of India, Hdfc, And Several Other Institutions With Which He Was Associated. Based On These Sources And Interviews With Industrialists, Shroff S Colleagues, Family Members And Close Friends, Dalal Has Presented A Compelling Portrait Of Shroff Whom J.R.D. Tata Once Described As A Man With An Extremely Powerful Mind And Moral Courage . As A True Patriot, Shroff Was A Trenchant Critic Of Official Policies, Like The Nationalization Of Insurance, Which He Felt Were Contrary To The Nation S Interests. His Lone Battle For Free Enterprise From The Platform Of The Newly Founded Forum Of Free Enterprise In 1956, Despite Resistance From Some Quarters Of Private Industry And Great Opposition From The Governmental Quarters, Is Seen As A Measure Of His Fearless And Independent Nature. While Tracking Shroff S Phenomenal Professional Career, The Author Also Brings Out Many Facets Of His Forceful Personality: His Determination, His Zest For Life, And His Caustic Wit. Informed And Objective, This Account Is A Warm And Fitting Tribute To A Visionary And An Exceptional Indian In His Birth Centenary Year.
Barons of Banking
Author: Bakhtiar Dadabhoy
language: en
Publisher: Random House India
Release Date: 2013-09-18
Barons of Banking highlights the contributions of six distinguished personalities from the world of banking—Sir Sorabji Pochkhanawala, Sir Purshotamdas Thakurdas, Sir Chintaman D. Deshmukh, A.D. Shroff, H.T. Parekh, and R.K. Talwar—who not only played a pioneering role in the growth of the institutions which they founded, or were actively associated with, but left an indelible mark on the banking industry as a whole. Through the narration of the history of five key institutions - the Central Bank of India; the Reserve Bank of India; the State Bank of India; the Industrial Credit and Investment Corporation of India Ltd; and the Housing Development and Finance Corporation Ltd—the author gives us a keen insight into the contributions of these luminaries to banking in India. Also included is a narration of the recommendations of important committees and commissions which influenced the course of Indian banking. Divided into four parts, the book uses hitherto unused archival material recently put in the public domain by the RBI. Of particular interest is a discussion of the acrimonious relationship between Sir James Grigg, the Finance Member of the Viceroy’s Executive Council and Sir Osborne Smith, the first Governor of the RBI, which throws fresh light on a spat which remains unprecedented not only in the bank’s history, but possibly in all of banking history. Meticulously researched and engagingly written, this book will be of interest to both the academic and general reader and, of course, to the professional banker interested in a selective peep into the history of his profession.
George Woods and the World Bank
Author: Robert W. Oliver
language: en
Publisher: Lynne Rienner Publishers
Release Date: 1995
George Woods transformed the World Bank from a relatively passive investment organization into an active leader of world development. He pushed for greatly increased lending in support of agriculture and education, worked closely with the United Nations, and revived and greatly strengthened economic analysis in the Bank itself. He also initiated measures to expand the equity investments of the International Finance Corporation and sought annual funding of one billion dollars for the International Development Association, the Bank's soft-loan affiliate. He retired in 1968 after inducing Robert McNamara to be his successor.