This refers to the well written letter by the veteran RBI-ite Shri R C Mody ("History repeats itself", January 20). As an officer who was engaged in the inspection of commercial banks across the country for over 20 years, I can say that if generalists could manage the Reserve Bank of India, there would be no need for a separate organisation; it could have been a department of the Union Ministry of Finance.
C V Subbaraman
former Regional Director, RBI
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201 • E-mail: email@example.com
must have a postal address and telephone number