Here I would like to share 2 lectures: 1. Tenth M.G Kutty Memorial Lecture by C. Rangarajan on [Autonomy of Central Banks](https://www.rbi.org.in/commonman/Upload/English/speeches/PDFs/ADSML51EEB918B7194BC6AA8B764B05006B15.pdf) at. Calcutta, September 17, 1993 2. [On the Importance of Independent Regulatory Institutions](https://rbi.org.in/scripts/BS_SpeechesView.aspx?Id=1066) – The Case of the Central Bank, delivered by Dr. Viral V Acharya, Deputy Governor, Reserve Bank of India, on [October 26, 2018](RBI_Speeches_20181026_On%20the%20Importance%20of%20Independent%20Regulatory%20Institutions%20–%20The%20Case%20of%20the%20Central%20Bank.pdf), as the A. D. Shroff Memorial Lecture, Mumbai. Central Banks like RBI face various challenges, and lack of autonomy can make it further difficult for RBI to conduct its operations. ## Challenges for Central Banks ## References 1. Aug 14, 2009. Panel Discussion on 'Challenges for the Central Banks' organised at Hyderabad on as part of RBI's Platinum Jubilee Celebration. [Link](https://rbi.org.in/scripts/BS_SpeechesView.aspx?Id=433)