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Outspoken RBI deputy governor Viral Acharya resigns


Viral Acharya, deputy governor, Reserve Bank of India (RBI) and a strong proponent of the independence of the central bank, resigned from his post six months before the end of his term. RBI in a release confirmed that he resigned.

"A few weeks ago Viral Acharya submitted a letter to the RBI informing that due to unavoidable personal circumstances, he is unable to continue his term as a Deputy Governor of the RBI beyond July 23, 2019. Consequential action arising from his letter is under consideration of the Competent Authority," RBI said. He will be the fourth economist after Arvind ...


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