Business Standard

Banking on crisis management: Meet Gopinath, head of SEAC on bank licences

Ever-smiling, consciously low profile, and unfailingly polite, it is easy to mistake her for a family matriarch rather than a doyenne of high finance in India

SHYAMALA GOPINATH
Premium

Shyamala Gopinath, Chairperson, Seac, bank licences

Anup Roy Mumbai
Reserve Bank of India (RBI) Governor Shak­ti­kanta Das defiantly said recently that India has no choice but to accumulate reserves to safeguard against currency market volatility in a taper tantrum-like event. One little appreciated statistic is that such currency market volatility revisits India in a cycle of every five years, more or less, making former governor D Subbarao joke that one has not qualified as a governor if he hasn’t faced a currency crisis in his tenure.

In every crisis, though, India emerged relatively unscathed thanks to the ingenious central bankers working behind the scenes. One such stellar central banker

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 25 2021 | 6:10 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com