Undermining the identity of RBI should be a matter of concern: Y V Reddy

Interview with the former RBI Governor, Y V Reddy

Former Reserve Bank of India (RBI) Governor Y V REDDY’s memoirs, written in his mother tongue, Telugu, provide insights into the dynamic relations between the finance ministry, for which he had worked earlier when he was in the Indian Administrative Service, and the central bank. In an interview to B Dasarath Reddy, the former RBI governor speaks of his insights into the workings of the financial system as well as his experience of crisis situations, domestic and global, and gives suggestions on reforms. Excerpts:

After reading your memoirs, one is curious to know how different and how difficult three situations