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VIRAL V ACHARYA
India must persevere with flexible inflation targeting: Viral AcharyaThe central bank and the government agreed in 2015 on a policy framework that stipulated a primary objective of ensuring price stability wh...- Shift to market economy from nationalised system causing RBI-govt tensions: Viral AcharyaAcharya, who resigned after run-ins with the government last year, said the dip in financial savings is also another reason which can expla...
- Need to divest stakes in public sector banks in graceful manner, says Viral AcharyaCiting the example of the South Asian crisis in 1997, he said that a large number of public sector banks in the region had to be privatised...
- Meet Michael Patra, RBI's new deputy GovernorMichael Patra was appointed as RBI's deputy governor, replacing Viral Acharya, who left office on July 23.
- 10 shortlisted for Viral Acharya’s replacement as RBI deputy guvThe deputy governor in charge of monetary policy has traditionally been an external economist.
- Sachetisation of loans: It may already be happening with P2P LendingP2P lending was started with the vision of democratization of loans and with sachetisation, the under penetration can be addressed.
- Capital market crucial for economy; RBI taking efforts to expand investor base: Viral AcharyaAcharya was delivering a speech on Development of Viable Capital Markets - The Indian Experience' at Indian School of Business, Hyderabad.
- RBI to set up supervisory committee for banks, NBFCThe board also reviewed the current economic situation, global and domestic challenges and various areas of operations of the Reserve Bank.
- MPC minutes show RBI mulled bigger rate cut at Feb reviewHowever, Viral Acharya suggested that the MPC should wait till the next policy for a rate cut.
- RBI versus Government: The battle gets bitterIt is not the first time that the RBI and the government have crossed swords on policy matters.
- Here is the full text of RBI's deputy governor Viral V Acharya's speech in MumbaiHis comments comes against the backdrop of media reports that some unnamed government officials wanted an easing of stringent rules under w...
- RBI minutes: MPC concerned over rising inflationAt the meeting the MPC voted 5-1 to keep the policy rate on hold at 6 per cent.
- For first time, Mumbai to host Asian Bankers Association summitFounded in 1981, the ABA serves as a forum for advancing the cause of the banking industry and promote regional economic cooperation across...
- Urjit Patel pushed 0.25% rate cut, transmission by banks: MPC minutesPatel had also opined that effective transmission of policy rate was key to non-inflationary growth and banks have still space to cut lendi...
- Note ban impact on GDP may be seen this quarter: RBI Deputy Governor Viral Acharya"Ultimately, the cash shortage is like the liquidity shock and unless it had led to a substantial wealth destruction one would expect its e...
- Idea of bank to tackle bad loans gaining traction: CEA Arvind SubramanianRBI Deputy governor Viral V Acharya suggested a two-pronged strategy to resolve the issue of bad loans including creation of a private asse...
- NPA resolution must be done with a sense of urgency: RBI Deputy Governor Viral AcharyaHe also said even the December 2015 asset quality review (AQR) by the central bank has not helped resolve the issue, except in turning publ...
- RBI Governor reallocates DGs portfolios as Viral Acharya takes chargeAcharya, a professor of Economics in the Department of Finance at the New York University (NYU) was appointed as Deputy Governor last month.
- I will give my best in the new role: Viral AcharyaAcharya, who has been appointed for a term of three years, would take charge on January 20, the Reserve Bank of India said in a late evenin...
- Government names Viral V Acharya as RBI Deputy GovernorHe is taking over at a time when the central bank is facing criticism for repeated changes in the rules related to deposit and withdrawal o...
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