The government has appointed Viral V. Acharya, a professor of economics at New York University, as one of the Reserve Bank of India's four deputy governors for a term of three years, according to a statement on Wednesday.
The RBI had a vacancy for deputy governor after Urjit Patel was promoted to governor earlier this year.
Acharya teaches at the Stern School of Business in New York University. According to his resume, he has research interests in regulation of banks, corporate finance, credit risk and asset pricing.
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