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RBI's deputy governor Viral Acharya resigns

RBI's deputy governor Viral Acharya resigns

India Blooms News Service | @indiablooms | 24 Jun 2019, 09:19 am

New Delhi, June 24 (IBNS): Viral Acharya, Reserve Bank of India’s (RBI’s) youngest deputy governor post-economic liberalisation,  has resigned from his position, media reports said on Monday.

He quit his position just six months before the end of his scheduled term.

Acharya, who joined the RBI on January 23, 2017, for a three-year term, is returning to New York University Stern School of Business (NYU Stern) in August, instead of February 2020, as the CV Starr Professor of Economics, reported Business Standard.

People familiar with the development said he had put in his papers a few weeks before the last meeting of the RBI’s monetary policy committee (MPC) early this month, reported the news paper.

Former RBI Governor Urjit Patel resigned from his position in December last year.

Patel had cited 'personal reasons' as the cause behind taking the decision. 

Shaktikanta Das was appointed as the new governor of the RBI after Patel quit. 

RBI's deputy governor Viral Acharya resigns

India Blooms News Service
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