Friday, 19 August, 2022
TopicViral Acharya

Topic: Viral Acharya

Rajan, Acharya right to oppose corporates into banking. RBI’s poor regulation makes move risky

ThePrint view on the most important issues, instantly.

Rajan, Acharya hit out at idea of corporates in banking, say borrowers shouldn’t own banks

In a paper, Raghuram Rajan & Viral Acharya have termed the recent recommendation of an RBI internal working group on allowing corporates into banking a ‘bombshell’. 

Modi govt’s reform of public banks a still-born effort, say Raghuram Rajan & Viral Acharya

Loan losses from the pandemic may be too huge for the government to pay, says a new paper authored by the former RBI governor and former RBI deputy governor.

A central bank should be allowed to say ‘no’, says former RBI deputy governor Viral Acharya

Viral Acharya, in an interview with ThePrint, says his and Urjit Patel’s dissent, resistance and exits from RBI limited the damage that could have been inflicted on financial stability.  

Ex RBI Viral Acharya: Govt pressure on central banks can lead to kiss of death from markets

In his book, Quest for Restoring Financial Stability in India, the ex RBI deputy governor lists the ongoing challenges to RBI’s independence and how markets can ensure it.

Viral Acharya leaves RBI as his calls to protect its surplus reserves go unheeded

Deputy Governor Viral Acharya leaves RBI today with a sense of unfinished business on the central bank’s autonomy & the health of lenders.

NS Vishwanathan re-appointed RBI deputy governor for a year

With effect from 4 July, NS Vishwanathan will be one of the three deputy governors of the RBI, besides BP Kanungo and MK Jain.

It wasn’t a mistake to hire ‘Harvard’ economists, but Modi govt should’ve paid heed to them

The country is the loser when top-flight economists leave, especially when growth has slowed and there are macro-economic challenges in every direction.

A hard-hitting batsman not at the World Cup & a PM bent on flogging a ‘dead’ opposition

The best cartoons of the day, chosen by the editors at ThePrint.

Viral Acharya has left RBI, but his warnings may still come back to haunt New Delhi

Nowadays, the Finance ministry and the RBI are mostly singing from the same prayer book.

On Camera

YourTurn

Sir Ganga Ram hospital Consultants, Residents and DNB students hold placards during a protest in New Delhi, on 30 December 2021 | PTI

Distrust of Indian doctors isn’t new. Class-caste bias always ruled medical profession

As a practising doctor, I discovered large question marks on claims of a trustful patient-doctor relationship in the past. The routine dehumanisation of underprivileged patients remains a rarely mentioned topic.
Farmers plant paddy saplings in a field | PTI Photo

Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes

Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years.

Defence

Su-57, the Russian 5th generation fighter aircraft Photo by Snehesh Alex Philip

Russia wants to build next generation tanks, submarines with India

As the second regiment of the S-400 Triumf air defence system starts getting delivered, Russia said it expects the serial production of AK 203 rifles in Amethi to begin in late 2022-early 2023.
NI 13.08

Tiranga vs Tiranga: Gloves are off as Kejriwal joins the ‘nationalism’ battle with Modi

Kejriwal’s maun vrat on Modi has ended. This is an important turn in Indian politics. In some ways rivalling the dramatic turn in Bihar.
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