The Reserve Bank of India released the first issue of ‘Occasional Papers’ in June 1976. On the editorial committee were V.V. Divatia, A. Raman, H.B. Shivamaggi & P.D. Ojha. The first editor was T.K. Velayudham. Introduction by R.K. Hazari.
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as the HDFC Bank RBI divergence story shows, the huge number of analysts and journalists deliberately ignored and continue to be oblivious to a story that is staring at them in their face and it is in this void that independent research can flourish and prosper.
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