Anchors aweigh!

I have been a Reserve Bank of India (RBI) "groupie" for much of my professional life. This condition began in the late 1970s, when I first spent time in Mumbai, collecting data for a dissertation on Indian monetary policy. It continued over my two years as special consultant to the governor (between 1992 and 1994), soon after the 1991 reforms. I also had the privilege of serving one term on the RBI's Monetary Policy Committee under Governors Y V Reddy and D Subbarao.

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