While this might be true, I believe that at the present stage, the financial crisis has reached a level where our first priority has to lie with the resolution of present problems, and there has been no alternative to acting firmly. At the same time, to limit moral hazard implications, a clear exit strategy needs to be put in place for the extraordinary interventions.
In the event that the rest of us became infected, 150 selected officers, staff and service providers were kept in isolation in the bubble to work 24X7 in order to keep essential RBI services such as currency issue, retail and wholesale payment and settlement systems, financial markets regulation and supervision and liquidity management, to name only a salient few that impact the lives of citizens, businesses and financial institutions on a regular basis.