NYU’s Viral Acharya named new RBI deputy governor

29 December, 2016

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.

The statement did not mention which portfolio Acharya would be assigned. Patel had headed the prestigious monetary policy, which is now overseen by RBI deputy governor R. Gandhi as part of a widened remit.

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.

Like this report? Sign up for our daily newsletter to get our top reports.


Leave Your Comment
Urjit Patel named next RBI governor

Urjit Patel named next RBI governor

TEAM VCC 12 months ago
The government on Saturday named deputy governor of the Reserve Bank of India (RBI) Urjit Patel the next governor of the central bank after Raghuram...
Why Modi government picked Urjit Patel to replace Raghuram Rajan

Why Modi government picked Urjit Patel to replace Raghuram Rajan

Aman Malik 12 months ago
In exactly two weeks, when Urjit Patel takes over as the next governor of the Reserve Bank of India (RBI), he will, literally, have to...
Meet Urjit R Patel, new deputy governor of RBI

Meet Urjit R Patel, new deputy governor of RBI

Bruhadeeswaran R 5 years ago
Update: Reuters reports, quoting union banking secretary, that Urjit Patel has been appointed as a deputy governor of Reserve Bank of India.  Earlier post: Urjit...
No Comments

NYU’s Viral Acharya named new RBI deputy governor

Powered by WordPress.com VIP