Top positive review
GOI-RBI relationship issues demystifief
5 March 2018
TCA in his own open style explains his perceptions about a relationship between the "OWNER" (GOI) and a statutory organisation meant to be functionally autonomous (RBI) The author who was associated with writing the history of India's Central Bank covering a crucial period in the institution's life had enough opportunity to understand the relationship issues which surface every now and then in dialogues between RBI and GOI. Though through FSLRC, the then GOI almost took the relationship to a 'divorce', the deft handling of the situation by Dr Rajan saved the marriage temporarily. Sooner the owner recognized that, here, divorce is a suicidal option, the better for the nation.