Central Banks and their Evolving Role in Crises

The Ashoka Economics Society, in collaboration with the Ashoka Alumni Relations Committee, is glad to announce the next session in the Ashoka Alumni Webinar Series with Ankur Tulsian on the topic 'Central Banks and their Evolving Role in Crises - a Global Perspective'.

Through what he describes as an un-expert webinar, Ankur aims to share some of the insights he has learned over the past few months, in a simple and non-jargony manner. The topics that he would touch upon are:

• Understanding the COVID-19 crisis and its economic implications
• Overview of the traditional mandate of a central bank
• Evolution of different Central Bank policy tools under recent crises
• An explainer on terms like Repo, LTRO, Quantitative Easing, and bad banks, and their use in a crisis

Ankur is an alumnus of the Founding Batch (2011-12) of the Young India Fellowship, and prior to YIF, he studied engineering at IIT Bombay. He currently works at McKinsey in the Middle East. His professional experience has been varied and has included working with public and private institutions on finance and economics issues. So when governments and Central Banks across the globe were announcing measures in response to COVID-19, he became particularly interested in that topic.