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Page 2 - Viral Acharya

Need to divest stakes in PSBs in graceful manner, says Viral Acharya

Acharya said that because the RBI does not distinguish in its rules between public and private sector banks it is forced to adopt weaker standards for the system as a whole

Need to divest stakes in PSBs in graceful manner, says Viral Acharya
Updated On : 31 Jul 2020 | 10:54 PM IST

RBI is ahead of the curve; govt and bureaucracy behind: Viral Acharya

In an interview with Tamal Bandyopadhyay, Acharya says why some weak public sector banks should be "re-privatised" and foreign banks should be allowed a larger play

RBI is ahead of the curve; govt and bureaucracy behind: Viral Acharya
Updated On : 30 Jul 2020 | 4:34 PM IST

Top headlines: Google Tax stumps foreign firms, Unlock 3 ends night curfew

From Maruti posting first quarterly loss in 17 years, VIral Acharya on larger role of foreign banks to govt approving new education policy, here are the top news of the day

Top headlines: Google Tax stumps foreign firms, Unlock 3 ends night curfew
Updated On : 30 Jul 2020 | 7:31 AM IST

Govt must reduce reliance on bond mkts, undertake divestment: Ex RBI Dy Gov

Acharya also emphasised that the time is "really ripe" for land, labour and agricultural reforms in India.

Govt must reduce reliance on bond mkts, undertake divestment: Ex RBI Dy Gov
Updated On : 04 Nov 2019 | 2:43 PM IST

Viral Acharya wants Indian banks to learn this lesson from shampoo makers

Acharya highlighted the dichotomy of India's massive economy -- Asia's third-largest -- but one where living standards are still among the lowest in the world

Viral Acharya wants Indian banks to learn this lesson from shampoo makers
Updated On : 24 Sep 2019 | 12:49 AM IST

Govt invites applications for new RBI deputy governor after Acharya's exit

The position fell vacant after Viral Acharya resigned six months before the scheduled end of his term

Govt invites applications for new RBI deputy governor after Acharya's exit
Updated On : 01 Aug 2019 | 5:30 PM IST

With a word of advice for the government, Viral Acharya leaves RBI

The deputy governor rued that the heavy government borrowing is crowding out private players, but not necessarily for productive purposes

With a word of advice for the government, Viral Acharya leaves RBI
Updated On : 24 Jul 2019 | 2:34 AM IST

RBI rejigs portfolios of deputy governors following Viral Acharya's exit

Now, all the other three deputy governors -- N S Vishwanathan, B P Kanungo and M K Jain -- have been made responsible for 12 departments each

RBI rejigs portfolios of deputy governors following Viral Acharya's exit
Updated On : 23 Jul 2019 | 10:00 PM IST

Viral Acharya ends his RBI stint with a sense of unfinished business

Acharya's boss at the central bank, Shaktikanta Das, says a continuous and prolonged dependence on the government's capital infusion into banks can breed inefficiency

Viral Acharya ends his RBI stint with a sense of unfinished business
Updated On : 23 Jul 2019 | 6:53 AM IST

Quality of corporate sector disclosures should be improved: Viral Acharya

The deputy governor also stressed upon the need to expand the investor base in the corporate bond and government securities markets

Quality of corporate sector disclosures should be improved: Viral Acharya
Updated On : 29 Jun 2019 | 11:16 PM IST

Imported horsemen: In Acharya, last one also departs; is India the loser?

Amid several macroeconomic challenges today, the government might have benefited from 'Harvard' economists' advice, but, judging by past record, it might not have paid them much heed, writes T N Ninan

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Updated On : 29 Jun 2019 | 12:34 AM IST

Viral Acharya's RBI exit marks end of an unsuccessful UPA-era experiment

The import of academics without any government experience at top Indian institutions was based on the belief that a mere knowledge of academic economics would be enough to serve in government

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Updated On : 26 Jun 2019 | 1:49 PM IST

Letter to BS: Deputy Governor Viral Acharya's resignation is not surprising

What, in fact, is surprising is it did not come months ago, with the exit of former governor Urjit Patel

Letter to BS: Deputy Governor Viral Acharya's resignation is not surprising
Updated On : 25 Jun 2019 | 9:00 PM IST

Letter to BS: RBI's autonomy takes another hit as Acharya heads for exit

Authorities may consider examining the causes underlying the ongoing frequent disruptions that are not healthy and not in the country's interest

Letter to BS: RBI's autonomy takes another hit as Acharya heads for exit
Updated On : 25 Jun 2019 | 8:55 PM IST

Deputy Governor Viral Acharya resigns: The plain-speaking outsider at RBI

A strong votary of the central bank's independence, Acharya likened taking reserves from the central bank to 'raiding' the balance sheet

Deputy Governor Viral Acharya resigns: The plain-speaking outsider at RBI
Updated On : 25 Jun 2019 | 2:19 AM IST

Viral Acharya quits RBI: Implication for monetary policy, reforms, markets

Equity markets seem to be unfazed by the development at RBI and now look to other cues for direction

Viral Acharya quits RBI: Implication for monetary policy, reforms, markets
Updated On : 25 Jun 2019 | 2:10 AM IST

Viral Acharya resigns: A strong believer in RBI's independence and autonomy

Acharya, who will return to the New York University's Stern Business School in august instead of in 2020, felt the RBI has made good progress in earning its independence

Viral Acharya resigns: A strong believer in RBI's independence and autonomy
Updated On : 24 Jun 2019 | 10:25 PM IST

Engineer-turned-economist, Viral Acharya has rare ability to find solutions

As the youngest deputy governor, Acharya now 45, has dealt with the most technical of the subjects, but never let go of an opportunity to show his connect with the common man

Engineer-turned-economist, Viral Acharya has rare ability to find solutions
Updated On : 24 Jun 2019 | 6:13 PM IST

Viral Acharya unable to continue as deputy governor beyond July 23: RBI

Acharya, a New York University economics professor who once called himself the 'poor man's Raghuram Rajan', was appointed as RBI deputy governor for three years

Viral Acharya unable to continue as deputy governor beyond July 23: RBI
Updated On : 24 Jun 2019 | 12:58 PM IST