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Letter from a banker: Thank you governor, but what do we do with our police & politicians?


Dear Mr Governor,

Hearty congratulations on taking charge at the Reserve Bank of India. As a public sector banker, I haven't felt this enthusiastic in more than two decades of service. Not that I did not like the job or that I did not have superiors who did not appreciate my performance, but rarely have I felt anyone from the central bank sympathising with us.

You have demonstrated that you are there with an agenda and launched a banking blitzkrieg. It is very reassuring that you believe in free-market principles and the market has already got a taste of it you're your decisions to liberalise currency markets.


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