#Review: A Fly on the RBI Wall by Alpana Killawala

“A Fly on the RBI Wall” offers an insightful and engaging look into the Reserve Bank of India (RBI) through the eyes of Alpana Killawala, whose career at the bank spanned over two decades. The book is more than just a memoir; it is a detailed account of the evolution of the RBI’s communication function, reflecting Alpana’s instrumental role in its development.

Killawala’s narrative is rich with anecdotes and behind-the-scenes stories, giving readers a unique perspective on the RBI’s inner workings during some of India’s most critical economic phases. She navigated the complex challenges of handling communication during crises such as the Harshad Mehta scam and significant reforms like the liberalization of the Indian economy in the 1990s. Her account is candid, acknowledging both her limitations and the institution’s while highlighting the RBI’s achievements and strengths.

At one level, the book chronicles the RBI’s institutional evolution over the past 25 years, marked by significant economic and trade reforms in India. At another level, it provides intimate portraits of the governors under whom she worked, offering readers a glimpse into the minds of these eminent scholars.

Students and professionals of communication will find valuable lessons in Alpana’s experiences. Her story is not just about the RBI but also about the importance of effective communication in managing an institution’s public image and navigating through periods of change and crisis.

Overall, “A Fly on the RBI Wall” is a must-read for anyone interested in the intersection of communication and finance, offering a blend of professional insights and personal reflections that make for a compelling read.

Find this book here.