Book notes: Forks in the road, by C Rangarajan
A memoir by one of India’s most distinguished governors, who presided over the balance-of-payments crisis
C Rangarajan, Forks in the road: my days at RBI and beyond, Penguin Business, October 2022, 304 pages
It is my privilege and honour to have been, and to continue to be, the shishya (disciple) of one of my most respected gurus, Chakravarthy Rangarajan. Working with him closely on important policy issues at a critical time in the history of India, including facing the balance-of-payments crisis, required not only a firm grasp of theory and international best practices, but also a deep and complex
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