Viral Acharya

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Viral Acharya - Total results - 88
Ex-World Bank economist says RBI's proposal to allow businesses into banking is 'good-looking' step in 'bad direction'
India

Ex-World Bank economist says RBI's proposal to allow businesses into banking is 'good-looking' step in 'bad direction'

Kaushik Basu added that there is a good reason that all successful economies have a clear line between industries and corporations on one hand, and banks and lending organisations on the other

Raghuram Rajan and Viral Acharya slam RBI's proposal to let corporate houses set up banks
India

Raghuram Rajan and Viral Acharya slam RBI's proposal to let corporate houses set up banks

In a paper on LinkedIn, they said the proposal is "best left on the shelf" and that it is important to stick to the tried and tested limits on involvement of business houses in the banking sector

Rajan, Acharya may be off mark: PSU banks need strategy and focus to survive, not privatisation as remedy
India

Rajan, Acharya may be off mark: PSU banks need strategy and focus to survive, not privatisation as remedy

The PSU banks' problem is often linked to India's burgeoning fiscal deficit that needs control because pumping taxpayer money into state-run banks is fraught with risks.

Shaktikanta Das as RBI governor: Central bank is a quiet, but happening place with current chief at helm for a year
Business

Shaktikanta Das as RBI governor: Central bank is a quiet, but happening place with current chief at helm for a year

Shortly before his resignation, one of former RBI governor Urjit Patel’s deputies, Viral Acharya, had made a scathing attack on the government on the issue of RBI’s autonomy in one of his speeches

Viral Acharya says govt needs to undertake heavy disinvestment program, reduce its reliance on bond markets
Business

Viral Acharya says govt needs to undertake heavy disinvestment program, reduce its reliance on bond markets

The Indian government needs to reduce its reliance on bond markets and undertake a heavy disinvestment programme along with urgently implementing land, labour and agricultural reforms, former RBI Deputy Governor Viral Acharya said

Seven candidates shortlisted for RBI deputy governor's post after Viral Acharya's exit; interviews to be held on 7 November
Business

Seven candidates shortlisted for RBI deputy governor's post after Viral Acharya's exit; interviews to be held on 7 November

The post had fallen vacant after Viral Acharya resigned in Julysix months before the end of his term. The Reserve Bank has four deputy governors

Daily Bulletin: India, Germany expected to sign 20 agreements today; govt officials in 20 US-allied countries targets of WhatsApp hack; day's top stories
India

Daily Bulletin: India, Germany expected to sign 20 agreements today; govt officials in 20 US-allied countries targets of WhatsApp hack; day's top stories

Here are today's top stories: Angela Merkel to hold talks with Narendra Modi today, 20 agreements expected to be signed; Tamil Nadu govt issues ultimatum to striking doctors to report for work by today; and more

After Viral Acharya's exit, finance ministry gets nearly 100 applications for post of RBI deputy governor
Business

After Viral Acharya's exit, finance ministry gets nearly 100 applications for post of RBI deputy governor

Nearly 100 candidates have applied for the post of deputy governor of the Reserve Bank of India (RBI) - a position that fell vacant after Viral Acharya resigned six months before the scheduled end of his term

Decoding Bimal Jalan panel proposals on RBI surplus capital transfer to government: The good, bad and ugly
Business

Decoding Bimal Jalan panel proposals on RBI surplus capital transfer to government: The good, bad and ugly

Post the Jalan panel recommendations, the RBI chose the lower band of 5.5 percent and agreed to transfer a total of Rs1,76,051 crore to the government

In the shadows of a debt crisis: A closer look at how IL&FS episode unfolded and impacted the larger economy
Business

In the shadows of a debt crisis: A closer look at how IL&FS episode unfolded and impacted the larger economy

IL&FS has not just failed to bring private capital into the infrastructure sector but has used public assets to create opportunities for itself

Finance Ministry invites application for post of RBI deputy governor after Viral Acharya exit
Business

Finance Ministry invites application for post of RBI deputy governor after Viral Acharya exit

The finance ministry has sought applications for the post of RBI deputy governor, a position that fell vacant after Viral Acharya resigned six months before the scheduled end of his term

RBI rejigs portfolios of deputy governors following Viral Acharya's exit; BP Kanungo to run monetary policy portfolio
Business

RBI rejigs portfolios of deputy governors following Viral Acharya's exit; BP Kanungo to run monetary policy portfolio

The monetary policy department, including forecasting and modelling unit, was earlier looked after by Viral Acharya

Outspoken deputy governor Viral Acharya ends his RBI stint; will return to teach at New York University
Business

Outspoken deputy governor Viral Acharya ends his RBI stint; will return to teach at New York University

Viral Acharya ended his stint as the Deputy Governor of the Reserve Bank on Tuesday, after last month's surprise resignation where the outspoken academic chose to cut short his time in office

NS Vishwanathan re-appointed deputy governor of RBI for one year as appointments panel of Cabinet gives nod
Business

NS Vishwanathan re-appointed deputy governor of RBI for one year as appointments panel of Cabinet gives nod

Vishwanathan is one of the three deputy governors, besides B P Kanungo and M K Jain, working at the central bank.

Viral Acharya, RBI governor Shaktikanta Das had different takes on fiscal deficit front in June policy meet
Business

Viral Acharya, RBI governor Shaktikanta Das had different takes on fiscal deficit front in June policy meet

Acharya flagged fiscal slippages amidst missing tax collection targets and falling growth rates as an upside risk to inflation estimates

RBI plans for transferring excess reserves opposed, delayed; panel's report expected after budget
Business

RBI plans for transferring excess reserves opposed, delayed; panel's report expected after budget

The sources said the move was made by Finance Secretary Subhash Chandra Garg, one of the six-panel members, but it was not immediately clear if it could block the proposals or lead to changes in them.

RBI deputy governor Viral Acharya resigns: Commonman's central banker who sang a different tune
Business

RBI deputy governor Viral Acharya resigns: Commonman's central banker who sang a different tune

A rare ability to understand a problem, find solutions for it, and convince all others to rally along were the key qualities that defined deputy governor Viral Acharya's short stint at the Reserve Bank

Viral Acharya resigns from RBI: Why deputy governor’s untimely exit will be watched for implications on monetary policy
Business

Viral Acharya resigns from RBI: Why deputy governor’s untimely exit will be watched for implications on monetary policy

Acharya entered the scene at RBI as a low profile candidate. Unlike Rajan, not many knew him prior to this post. But for sure, Acharya isn’t exiting as a low key

Viral Acharya resigns as RBI Deputy Governor: A strong believer in the central bank's independence and autonomy
Business

Viral Acharya resigns as RBI Deputy Governor: A strong believer in the central bank's independence and autonomy

Viral Acharya has quit six months before his three-year term as the deputy governor in charge of the monetary policy department ends