India central bank's deputy governor resigns 6 months before term ends: Business Standard

Published June 24, 2019
The RBI did not respond to a Reuters request for comment outside of regular business hours.— AFP/File
The RBI did not respond to a Reuters request for comment outside of regular business hours.— AFP/File

Reserve Bank of India (RBI) Deputy Governor Viral Acharya has resigned six months before the scheduled end of his term in office, the Business Standard newspaper reported on Monday, citing people familiar with the matter.

Acharya is returning to the New York University Stern School of Business in August instead of February next year, according to the report.

He was appointed as a deputy governor by the Indian government towards the end of 2016 for a term of three years.

The RBI did not respond to a Reuters request for comment outside of regular business hours.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...
New terror wave
Updated 27 Mar, 2024

New terror wave

The time has come for decisive government action against militancy.
Development costs
27 Mar, 2024

Development costs

A HEFTY escalation of 30pc in the cost of ongoing federal development schemes is one of the many decisions where the...
Aitchison controversy
Updated 27 Mar, 2024

Aitchison controversy

It is hoped that higher authorities realise that politics and nepotism have no place in schools.