The book considers business cycles as patterns of stable and stressful market behavior, and provides examples illustrating the key principles of bank asset-liability management.

He considers it the most crucial text for those in the banking industry and strongly believes that it should be an obligatory part of everyone's personal growth agendas.

Mr. Mehta drew on his past experiences when he was a part of the UK Financial Services Authority, leading the change in control team.

His responsibilities then included scrutinizing and granting regulatory approvals for intricate banking transactions, an example being the takeover of Northern Rock by Virgin Money.

During that process, he found himself relying significantly on Professor Choudhry's text as a key reference for acquiring banking licenses.

[14] Ted Teo, an adjunct assistant professor at NUS Business School in Singapore, shared his experience of teaching a banking course.

He initially struggled to find suitable textbooks that presented a real-life banking perspective, a challenge he managed to overcome when he discovered books by Professor Choudhry.