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Viral Acharya
Acharya asks PSBs to take credit lessons from FMCG cos
Public sector banks should learn from FMCG players and "democratize credit", a move that can help state-run banks solve the "biggest fiscal challenge" of recapitalisation, former RBI deputy governor Viral Acharya said on Wednesday. Acharya further said that re-privatisation of the lenders is necessary to help reduce the recapitalisation burden, and stressed that public sector banks (PSBs) have had a mixed performance on the stated goals of financial inclusion as well.
09 September 2020, 08:44 IST
Acharya asks PSBs to take credit lessons from FMCG cos
09 September 2020, 08:44 IST
Six months of loan moratorium is enough: Viral Acharya
Former RBI deputy governor Viral Acharya said that he favours loan moratoriums only for a very brief period of time. Speaking to DH, he stressed that it has to be a temporary stop-gap measure. On four financial institutions either collapsing or at the brink of collapse in the last two years, Acharya said, some of these collapses have been idiosyncratic, specific governance failures.
03 August 2020, 05:15 IST
Six months of loan moratorium is enough: Viral Acharya
03 August 2020, 05:15 IST
Centre appoints Michael Patra as RBI Deputy Governor
14 January 2020, 06:36 IST
Centre appoints Michael Patra as RBI Deputy Governor
14 January 2020, 06:36 IST
Acharya, the man who defended RBI's autonomy, quits
Reserve Bank of India 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.
24 June 2019, 17:01 IST
Acharya, the man who defended RBI's autonomy, quits
24 June 2019, 17:01 IST