Hyderabad, Nov. 18 -- The GITAM School of Business, Hyderabad, hosted former Reserve Bank of India (RBI) Governor and renowned economist Dr Duvvuri Subbarao for a distinguished lecture on central banking.
He delivered two engaging sessions titled "The Macroeconomic Mandate of Central Banks" and "Navigating Dilemmas: The Future of Central Banking."Dr Subbarao opened his talk by simplifying the role of the RBI and explaining how central banking shapes daily economic life. Describing the central bank as "one of the greatest inventions since the beginning of time," he outlined its key responsibilities-currency management, monetary policy, exchange rate regulation, oversight of financial institutions, payment systems, government banking functio...