An insider's view of the Reserve Bank of India\nDuvvuri Subbarao's term as the governor of the Reserve Bank of India from 2008\nto 2013 was an unusually turbulent period. The global financial crisis erupted;\nIndia was in the throes of a decade-high, stubborn inflation rate, followed by a\nsharp depreciation of the rupee. This was also a time when questions about the\nbreadth of the RBI's mandate, autonomy and accountability became subjects of\ndebate in financial circles and in the media at large. Who Moved My Interest\nRate is an authoritative account of the dilemmas and quandaries he confronted\nwhile leading the Reserve Bank through these extraordinary economic and\npolitical challenges.
About the Author
Duvvuri Subbarao served as governor of the Reserve Bank of India for five years\n(2008-13). Prior to that, he was finance secretary to the Government of India\n(2007-08), and secretary to the prime minister's Economic Advisory Council\n(2005-07).\nTopping the civil services examination in 1972, Subbarao joined the Indian\nAdministrative Service. In a career spanning thirty-five years, he held various\npositions in the state Government of Andhra Pradesh and in the federal\nGovernment of India, and was actively involved in formulating and implementing\neconomic and financial sector reforms at the national and subnational levels.\nSubbarao is currently a Distinguished Visiting Fellow at the National University\nof Singapore where he spends six months of the year.
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