Moneycontrol PRO
you are here: HomeNewsViral acharya
viral acharya
Jump to
67 Results Found
  • India must not neglect bank recap despite pandemic, says former RBI deputy governor Viral Acharya Oct 19, 2020 06:45 PM IST

    India must not neglect bank recap despite pandemic, says former RBI deputy governor Viral Acharya

    Indian banks are saddled with over $120 billion in bad debt, and in severely stressed conditions the bad-loan ratio could nearly double by March, according to Reserve Bank of India projections.

  • 'Bad bank' idea finds more takers amid pandemic blues Oct 08, 2020 12:44 PM IST

    'Bad bank' idea finds more takers amid pandemic blues

    Time may be ripe to create a ‘bad bank’ as the net book value of NPAs have fallen sharply and another round of bad loan shock is round the corner in the backdrop of Covid-19, say experts

  • India must persevere with flexible inflation targeting, says former RBI deputy governor Viral Acharya Oct 01, 2020 04:53 PM IST

    India must persevere with flexible inflation targeting, says former RBI deputy governor Viral Acharya

    The RBI has by and large been successful in keeping inflation within the mandated 2-6 percent range. But the flexible inflation targeting policy has faced criticism recently on account of the high weighting given to food items in the inflation basket which have proven highly volatile.

  • Privatise select PSBs, overhaul bad loan management, says new paper by Raghuram Rajan and Viral Acharya Sep 21, 2020 02:28 PM IST

    Privatise select PSBs, overhaul bad loan management, says new paper by Raghuram Rajan and Viral Acharya

    Suggesting ways to change ownership structure of public sector banks, the paper said state-linked banks can be a first step in altering the ownership structure of some PSBs, where the government brings down its stakes to below 50 percent.

  • EXCLUSIVE | Q&A: Viral Acharya on why he quit RBI, central bank's autonomy, banking sector problem and more Aug 06, 2020 10:07 AM IST

    EXCLUSIVE | Q&A: Viral Acharya on why he quit RBI, central bank's autonomy, banking sector problem and more

    Acharya, who quit six months ahead of his term following major differences with the government on a range of issues including fiscal encroachment on RBI’s autonomy, recently released his book ‘Quest for Restoring Financial Stability in India’ published by Sage publications.

  • Former RBI Deputy Governor Viral Acharya warns against privatisation of PSU banks at discounted prices Jul 31, 2020 11:02 PM IST

    Former RBI Deputy Governor Viral Acharya warns against privatisation of PSU banks at discounted prices

    Citing the example of the South Asian crisis in 1997, Acharya said that a large number of public sector banks in the region had to be privatised post the crisis and in many cases were sold at fire sale prices to private equity investors from abroad.

  • Suspending IBC for a year bad idea, restart bankruptcy courts in 2-3 months: Viral Acharya Jul 29, 2020 10:02 PM IST

    Suspending IBC for a year bad idea, restart bankruptcy courts in 2-3 months: Viral Acharya

    Acharya said that the moratorium on loan repayments will help provide the temporary relief and hinted that the bankruptcy process is also a kind of debt restructuring itself.

  • RBI diluting measures prescribed for financial stability, says former deputy governor Viral Acharya Jul 29, 2020 11:08 AM IST

    RBI diluting measures prescribed for financial stability, says former deputy governor Viral Acharya

    Viral Acharya, the former RBI deputy governor, said that some of the diluted measures were important to ensure that the banking system does not become vulnerable to short-term pressures.

  • Viral Acharya in new book: Urjit Patel’s exit caused by govt attempts to undermine RBI autonomy Jul 27, 2020 05:17 PM IST

    Viral Acharya in new book: Urjit Patel’s exit caused by govt attempts to undermine RBI autonomy

    In his book Quest for Restoring Financial Stability in India, Viral Acharya said 'RBI lost its governor on the altar of financial stability'.

  • Michael Patra takes over as RBI Deputy Governor, central bank rejigs portfolios Jan 15, 2020 07:19 PM IST

    Michael Patra takes over as RBI Deputy Governor, central bank rejigs portfolios

    Patra will be looking after Monetary Policy Department, Financial Stability Unit, Financial Markets Operations Department, Financial Markets Regulation Department, Department of Economic & Policy Research, Department of Statistics & Information Management and Corporate Strategy & Budget Department.

  • Indian govt needs to undertake heavy disinvestment programme: Viral Acharya Nov 04, 2019 02:28 PM IST

    Indian govt needs to undertake heavy disinvestment programme: Viral Acharya

    Speaking at a panel discussion at Columbia University here on Friday on the 'Indian Economy: The Next Five Years', Acharya outlined a few "possible remedies" and recommendations for the Indian economy going forward.

  • The parting shot | Viral Acharya, the Deputy Governor who spoke his mind Jul 25, 2019 12:49 PM IST

    The parting shot | Viral Acharya, the Deputy Governor who spoke his mind

    Known as someone who calls a spade a spade, the fearless RBI deputy chose not to play second fiddle to the Governor and instead make his own mark

  • RBI rejigs portfolios of deputy governors as Viral Acharya demits office Jul 23, 2019 09:19 PM IST

    RBI rejigs portfolios of deputy governors as Viral Acharya demits office

    The Monetary Policy Department will now be under BP Kanungo, while Financial Stability Unit has been given to MKJain. NS Vishwanathan will oversee the Financial Markets Operations and Financial Markets Regulation departments.

  • Outgoing RBI Deputy Governor Acharya says rise in government borrowing can be a cause of worry for corporate sector Jul 23, 2019 10:30 AM IST

    Outgoing RBI Deputy Governor Acharya says rise in government borrowing can be a cause of worry for corporate sector

    Acharya is leaving the central bank on Tuesday, six months before the scheduled end of his term in office, citing personal reasons.

  • Banking wrap: RBI Deputy Governor Viral Acharya resigns; June FSR released Jun 30, 2019 12:47 PM IST

    Banking wrap: RBI Deputy Governor Viral Acharya resigns; June FSR released

    Other developments were India’s forex reserves touching a record high and the RBI launching a customer complaint portal

  • Moneycontrol Top 5 Business News of the Day Jun 24, 2019 08:36 PM IST

    Moneycontrol Top 5 Business News of the Day

    Acharya told Moneycontrol that he decided to leave six months early due to 'unavoidable personal reasons'.

  • RBI Deputy Governor Viral Acharya: An outspoken advocate of central bank independence, NPA clean-up, low inflation Jun 24, 2019 01:07 PM IST

    RBI Deputy Governor Viral Acharya: An outspoken advocate of central bank independence, NPA clean-up, low inflation

    Viral Acharya, 45 years, became the youngest deputy governor to serve RBI when he joined the central bank in January 2017.

  • Viral Acharya's resignation: A look at the reasons why RBI and govt have been at loggerheads Jun 24, 2019 01:00 PM IST

    Viral Acharya's resignation: A look at the reasons why RBI and govt have been at loggerheads

    The rift between RBI and the government came out in the open in 2014 with differences over composition of the MPC.

  • Monetary Policy: Viral Acharya’s parting shot Jun 24, 2019 10:44 AM IST

    Monetary Policy: Viral Acharya’s parting shot

    The outgoing Deputy Governor warned that public sector borrowing is close to the levels seen during the ‘taper tantrum’

  • Macro Management | Did the RBI miss a chance to cut rates significantly? May 10, 2019 07:47 AM IST

    Macro Management | Did the RBI miss a chance to cut rates significantly?

    It is important to note that the core inflation is still above the 5 percent mark and a significant demand boost would have pushed it up further.

  • Policy pulse | Can the RBI revive economic growth? Apr 18, 2019 07:13 PM IST

    Policy pulse | Can the RBI revive economic growth?

    Sustained higher core inflation and a revival in food inflation could curtail the ability of the central bank to cut rates.

  • Comment | Why Shaktikanta Das’s nudge will not bring down lending rates Feb 21, 2019 08:11 AM IST

    Comment | Why Shaktikanta Das’s nudge will not bring down lending rates

    There are a number of structural problems that affect monetary policy transmission.

  • Capital buffer debate: Think tank says RBI under-capitalised by 5% Jan 24, 2019 04:36 PM IST

    Capital buffer debate: Think tank says RBI under-capitalised by 5%

    The study stressed that RBI is not over-capitalised and it needs to raise its capital ratio.

  • Deputy Governor Viral Acharya has not quit, clarifies RBI Dec 10, 2018 07:18 PM IST

    Deputy Governor Viral Acharya has not quit, clarifies RBI

    Soon after RBI Governor Urjit Patel announced his decision to quit, social media channels were rife with speculation that Viral Acharya too had quit.

  • OMOs to continue till March-end: Viral Acharya Dec 06, 2018 01:58 PM IST

    OMOs to continue till March-end: Viral Acharya

    In the current financial year, the central bank has conducted OMO purchases to the tune of Rs 1.36 trillion, with over Rs 1 trillion of the infusion in the last three months, he said.

Sections
ISO 27001 - BSI Assurance Mark