People familiar with T.C.A. Sri­nivasa Raghavan’s writings know he writes engagingly, a trait uncommon even among journalists. For several years, TCA was a consultant with RBI, in the course of RBI chronicling its official history. Specifically, this volume covered 1967-81. That apart, he was associated with an RBI/IGIDR project on monetary history between 1900 and 1950. Hence, from the preface: “I had, for several years, been informally suggesting to the RBI that it should produce an abridged volume of its history.... The four volumes together weigh several kilos and mostly adorn library book shelves.