Little over a fortnight ago the Reserve Bank of India (RBI) observed its 90th anniversary. Undoubtedly, a remarkable moment for any institution.
In this an institution which has provided the financial architecture to not just ensure smooth economic transactions but also work to absorb the shocks—the frequency of which have risen in the last two decades.
How did RBI pull this off? What makes it tick?
To answer all this and more StratNews Global spoke to Indranil Sen Gupta, Head of India Research, CLSA on Capital Calculus.
As a former RBI staffer, Indranil enjoys a unique view of the evolution of the institution.
Anil Padmanabhan has been a journalist for the last 36 years. He has worked in various capacities in several publications including Afternoon Despatch & Courier, Press Trust of India, Business Standard, Mint and was based in New York for India Today. He was a Nieman Fellow in 2001. He tweets at @capitalcalculus.