Remembering Dr KC Chakrabarty, Former Deputy Governor of RBI and Trustee of Moneylife Foundation
Moneylife Digital Team
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“Do you know that a bank ‘branch’ is not defined anywhere?” the late Dr KC Chakrabarty, one day quizzed us, accompanied by his customary loud laughter. “And we are issuing guidelines that branches should do this and that. But what is a branch?” This conversation was recalled by Debashis Basu, founder trustee of Moneylife Foundation, to illustrate how independent-minded and thought-provoking Dr Chakrabarty was at an online memorial meet for honoring and remembering the life of Dr KC Chakrabarty (1952-2021), former Deputy Governor of the RBI and trustee of Moneylife Foundation.