His valuable contributions as a member of the Board of Directors of RBI, my professional association with him for about three decades being a fellow Osmanian, and above all, my personal regard for him, make the participation in the inaugural session today a source of pride and pleasure for me.
There is a wide-range of subjects being considered by a galaxy of eminent scholars and policy-makers, but I will confine my comments in the inaugural address to rural credit. The subject has always been at the core of RBI’s activities. Telugus’ seem to have been playing a special role in the design and implementation of rural credit policies in India.