Excellent choice. He is one man to whom many Indians owe their private sector jobs to !!
During the first half of the decade of 2000 , there was reckless behavior in the banking sector globally. Banks were no longer finanical institutions but were fast becoming gambling dens for some top officials.
Indian banking system was an exception , and RBI , under Governor Reddy maintained banking discipline in Indian banks. He prevented exposure of the Indian banks to the global gambling dens , by disallowing takeover of Indian banks by the likes of Merryl Lynch, Lehman Brothers and Citibank.
In 2008 when many of these US banks went bankrupt, there was practically no impact in Indian banking scene. That was fully due to the far sighted actions taken by Dr Reddy and RBI in the preceeding few years.
they appear on camera and papers but actually they cannot solve common people problems.Not even basic issues they can address.How to increase party fund will be top priority for him.
