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.
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.