..........There seems to have been as much rivalry between peers as there is today; when Central Bank faced a run in 1913, Bank of India tried to stop the wealthy Cowasji Jehangir from helping the bank. And the constant spats between Osborne Smith, the first RBI governor, and civil servants Sir James Grigg and Sir James Taylor, are reminiscent of the recent cold war between North Block and Mint Road. Dadabhoy's book is more than a mere glimpse — it's a detailed account of the evolution of India's financial sector...........
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