Viral V. Acharya was on 26
th Dec 2016 made the Deputy Governor of Reserve Bank of India (RBI). He is a professor of economics at New York University.
He will be joining the ranks of Vishwanathan, S S Mundra, R Gandhi as one of four Deputy Governors of RBI.
He will be serving under RBI Governor Urjit Patel.
He has served as the CV Starr Professor of Economics at the New York University Stern School of Business since 2008.
He has researched regulation of banks and financial institution, credit risk, corporate debt and asset pricing.
He has a lot of experience in the field of global finance.
In 2015, Acharya co-authored a research paper that analysed the precarious condition of public sector banks in India.
He was also on the International Advisory Board of Securities and Exchange Board of India.
He was the recipient of numerous awards including the Rising Star in Finance Award.
