Tamal Bandyopadhyay

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Tamal Bandyopadhyay
Born18 March 1961
Alma materUniversity of Calcutta
OccupationJournalist, writer, columnist
Notable credit(s)
Banker's Trust
Spouse(s)Rita Bandyopadhyay
ChildrenSujan Bandyopadhyay

Tamal Bandyopadhyay is an Indian business journalist, known for his weekly column on banking and finance Banker's Trust published in Mint, an Indian business daily by HT Media Ltd. He has authored four books namely From Lehman to Demonetization: A Decade of Disruptions, Reforms and Misadventures,[1] Bandhan: The Making of a Bank,[2] Sahara: The Untold Story and A Bank for the Buck.[3]

Life and career[edit]

A student of English literature (a postgraduate from Calcutta University), Tamal Bandyopadhyay began his career in journalism as a trainee journalist with Times of India, in Mumbai in 1985. Subsequently, he has worked with four national financial dailies: The Economic Times, Financial Express, Business Standard, and as a member of the founding team of Mint in February 2007, going on to serve as its deputy managing editor and later as a consulting editor till September 2018. Currently he is a consulting editor of Business Standard,[4] a business daily where he served as deputy resident editor in Mumbai before joining Mint.

He is also a senior adviser to Jana Small Finance Bank[4] and an adviser at Bandhan Bank from August 2014.

Bandyopadhyay is popular for his weekly column on banking and finance called Banker's Trust, published every Monday. His frequent blog Banker's Trust Real Time on LiveMint.com analyses major developments in the financial sector.[5]

Between April and November 2011, he ran a 32 episode series on Bloomberg India TV, called Banker's Trust, where senior central bankers, commercial bankers, and economists were interviewed every week.[6]


  • A bank for the buck: The new bank movement & the untold story of the making of India's most valued bank. 2013.
  • Anupam Meenrashi (2014)
  • Sahara: The untold story. Ahmedabad. ISBN 8184955464. OCLC 883179164.
  • Bandhan: The Making of a Bank (2016)
  • From Lehman to demonetization : a decade of disruptions, reforms and misadventures. Gurgaon, Haryana, India. ISBN 9789387326392. OCLC 1017756529.

Releasing Tamal's first book, A Bank for the Buck, in November 2012, then finance minister P Chidambaram said, "In a period of great financial illiteracy, it's refreshing to have a book written by somebody very literate about matters relating to finance". In his foreword to the book, former governor of Reserve Bank of India, Y. Venugopal Reddy, wrote, "It's a sort of recent oral history of a financial institution. Tamal has set a new trend in the dissemination of knowledge."[7]

Tamal's second book, Sahara: The Untold Story, details the beginnings and the current day working of the secretive Sahara India Parivar.[8] The book was well researched, with interviews with people concerned, including Subrata Roy. In December 2013, the Sahara India Pariwar, moved Calcutta High Court, got a stay on the publication of the book and filed a Rs 2  billion defamation suit against the author and its publisher, Jaico Publishing House.[9] In April 2014, the parties reached an out of court settlement, following which the book carries a disclaimer by Sahara which says, among other things, the book has "defamatory content" – something unprecedented in Indian publishing history, as narrated in Sue the Messenger by Subir Ghosh, with Paranjoy Guha Thakurta.[10]

He has also published a book of poems in Bengali Anupam Meenrashi in January 2014.

Tamal Bandyopadhyay is also a contributor to The Oxford Companion to Economics in India, the first comprehensive and far-reaching compendium of short essays of its kind, covering a vast range of themes related to the contemporary Indian economy.[11]

In his foreword to Bandhan: The Making of a Bank, Kaushik Basu, chief economist of the World Bank, has written, "Tamal Bandyopadhyay is a gifted storyteller, who combines the sharp vision of a finance expert with the journalist's skill for observation and narration."[12]

K. V. Kamath, the chief of the New Development Bank of BRICS countries has written in his foreword to From Lehman to Demonetization, "Tamal has the unique ability to be witty, pithy, sharp and tongue-in-cheek - all at the same time. ... For a long time, he has kept his readers hooked".[13]

Awards and recognition[edit]

LinkedIn nominated Tamal Bandyopadhyay for three successive years (2015, 2016 and 2017) as one of the top voices in finance. In 2018, he has been nominated as one of the top 25 voices in India across sectors.[14]

He is a recipient of Ramnath Goenka Excellence in Journalism Award for commentary and interpretative writing for the year 2016.[15]


  1. ^ "That dreaded word: Resign - Livemint".
  2. ^ "Bandhan: The Making of a Bank highlights Chandra Shekhar Ghosh's focus, vision". forbesindia.com.
  3. ^ "An Indian Bank's Success Story – India Real Time – WSJ". Blogs.wsj.com. 27 November 2012. Retrieved 13 May 2014.
  4. ^ a b "Business Standard's consulting editor in LinkedIn Top Voices in India list". Business Standard India. 13 November 2018. Retrieved 21 November 2018.
  5. ^ Bandyopadhyay, Tamal (23 April 2014). "How RBI blocked evergreening of overseas loans". LiveMint. Retrieved 13 May 2014.
  6. ^ "Banker's Trust with Tamal Bandyopadhyay: Part 1". YouTube. Retrieved 13 May 2014.
  7. ^ "P Chidambaram talks about the book A Bank for the Buck". YouTube. 30 November 2012. Retrieved 13 May 2014.
  8. ^ Bandyopadhyay, Tamal. "Excerpt from the book "Sahara: The Untold Story"". businesstoday.intoday.in. Jaico Publishers. Retrieved 11 February 2015.
  9. ^ "Sahara slaps Rs. 200-crore libel suit against Mint scribe for 'untold story'". Hindustan Times. 13 January 2014. Retrieved 13 May 2014.
  10. ^ "Sahara withdraws case against 'Mint' journalist's book". Livemint. 25 April 2014. Retrieved 13 May 2014.
  11. ^ "The Oxford Companion to Economics in India".
  12. ^ "books.google.co.in".
  13. ^ "books.google.co.in".
  14. ^ "LinkedIn Top Voices 2018: India". linkedin.com.
  15. ^ "Ramnath Goenka Excellence in Journalism Awards: Full list of winners". indianexpress.com.