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RBI Dy Governor Acharya resigned

By IndianMandarins- 23 Jun 2019


If some top sources are to be believed Deputy Governor RBI and in-charge of the monetary policy department Viral Acharya has resigned six months ahead of the scheduled end of his three years term; the second high profile resignation in the past six month at RBI. The Central Bank is now left with only Dy Governors namely; B P Kanungo, N S Vishwanathan and M K Jain.


Acharya took over at a time when the RBI was facing criticism for frequent changes in the rules related to withdrawal of money, deposit after demonetisation which took place in November 2016.


It may be recalled that following his differences with the Govt RBI Governor Urjit Patel had in December last year resigned nearly nine months before the scheduled end of his term. 

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