Regulation of financial intermediaries in emerging markets/ T.T. Ram Mohan, Rupa Rege Mohan and Mathew Joseph eds.

Includes bibliography and index

Some critical issues in the banking sector today -- A primer on finance, growth, and regulation -- A cross-country analysis of external governance and bank profitability -- The regulation of banks in emerging markets: Basel II and the market -- Regulation of financial conglomerates: is unification of financial sector supervision the answer? -- Perspectives on the role of incentives in the prevention of financial crises in emerging economies -- Imperfections in Indian regulation as measured by the Subsidy Dependence Index: A case study of banks and financial institutions -- Nonperforming assets of Indian commercial banks: an analytical exercise

The regulation of financial intermediaries is a significant challenge to policy makers, particularly those in emerging economies. This volume examines: the best practices in regulation in emerging markets; the new Basle norms for capital adequacy; the question of single versus multiple regulators, as viewed by the International Monetary Fund; ways to harness incentives in the context of banking; the subsidy dependence enjoyed by commercial banks and the development of financial institutions before and after the commencement of financial reforms in India; and proposes an innovative approach to setting limits for NPAs in banks.