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By D. N. Ghosh

The dramatic build-up to the in a single day nationalization of fourteen banks in one legislative sweep units the degree for No Regrets. during this publication, bureaucrat extraordinaire D.N. Ghosh bargains an eyewitness account of maybe crucial occasion in India's banking background post-Independence, baring the manoeuvrings in the back of the allowing ordinance and the pickle over reasonable repayment for the dispossessed financial institution owners.
But that is not all. Years later, Ghosh enters the portals of the nation financial institution of India as its chairman, at a time while the stirrings of switch have simply all started to be felt within the Indian economic climate. looking forward to the long run, he is going for a paradigm shift: to rid 'profit' of its 'dirty observe' tag and position it on the middle of the bank's working procedure. progressively, he's taking SBI into the capital markets, establishes its credit rating globally, launches India's first mutual fund and, mainly, cajoles the alternate unions into accepting complete computerization.
Post-retirement, Ghosh steps into the company international. in this interval he offers with scarcely veiled threats from a strong company condominium or even unearths himself verbally assaulted by way of the promoter of an erstwhile financial institution. In among, the could-have-been-academic tills the soil for yes respected administration institutes to bloom and develop while he units up the credit standing organisation, ICRA.
Full of untold tales, No Regrets is an honest-to-goodness account of an excellent occupation spanning over six a long time and protecting a few epochal occasions whose reverberations stay felt within the corridors of forms, banking and enterprise to this day.

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