Viral Acharya - Revision history

JAFMargie385530 at 02:32, 11 January 2026

2026-01-11T02:32:51Z

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	{{~~short~~ description\|Indian economist}}		{{Short description\|Indian economist (born 1974)}}
	{{Use dmy dates\|date=September 2019}}		{{Use dmy dates\|date=September 2019}}
	{{Use Indian English\|date=September 2019}}		{{Use Indian English\|date=September 2019}}
	{{Infobox officeholder		{{Infobox officeholder
	\| name = Viral Acharya		\| name = Viral Acharya
	\| image = Viral Acharya (~~2014~~).jpg		\| image = ASSA 2026 - Viral Acharya 01 (cropped).jpg
	\| caption = ~~Viral~~ Acharya ~~(2014)~~		\| caption = Acharya at [[American Economic Association\|ASSA]] 2026
	\| office = [[Deputy Governor of the Reserve Bank of India]]		\| office = [[Deputy Governor of the Reserve Bank of India]]
	\| term_start =23 January 2017<ref name="toi-viral-date-of-start">{{cite news\|title=RBI gets its youngest deputy governor post-liberalization, with a record to boot\|url=http://timesofindia.indiatimes.com/business/india-business/RBI-gets-its-youngest-dy-guv-post-lib-with-a-record-to-boot/articleshow/56227838.cms\|access-date=13 February 2017\|work=The Times of India\|date=29 December 2016}}</ref>		\| term_start =23 January 2017<ref name="toi-viral-date-of-start">{{cite news\|title=RBI gets its youngest deputy governor post-liberalization, with a record to boot\|url=http://timesofindia.indiatimes.com/business/india-business/RBI-gets-its-youngest-dy-guv-post-lib-with-a-record-to-boot/articleshow/56227838.cms\|access-date=13 February 2017\|work=The Times of India\|date=29 December 2016}}</ref>
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	\| footnotes =		\| footnotes =
	}}		}}
	'''Viral V. Acharya''' (born 1 March 1974) is an [[~~India~~]]n [[economist]] <!-- replace with present tense + current office holder on 20 January 2017 -->who ~~was appointed~~ as Deputy Governor of [[Reserve Bank of India]] (RBI). He also ~~served as~~ a member of the advisory council of the RBI Academy and was a member of the Academic Council of the [[National Institute of Securities Markets]] (NISM), [[Securities and Exchange Board of India]] (SEBI) since 2014~~. As of 23 January 2017, he was appointed to serve a three-year term as a Deputy Governor of the [[Reserve Bank of India]]~~.<ref name="toi-viral-date-of-start" /> He resigned from the post in July 2019 with 6 months left for his completion of term.<ref name=H1>{{cite news \| url=https://www.thehindu.com/news/national/viral-acharya-quits-as-rbi-deputy-governor-six-months-before-term-ends/article28123070.ece \| title=Viral Acharya quits as RBI Deputy Governor six months before end of his term \| date=24 June 2019 \| newspaper=The Hindu \| access-date=10 September 2019 }}</ref>		'''Viral V. Acharya''' (born 1 March 1974) is an [[Indian people\|Indian]] [[economist]] <!-- replace with present tense + current office holder on 20 January 2017 --> who served as Deputy Governor of [[Reserve Bank of India]] (RBI) from 2017 to 2019. He is currently serving as the [[C.V. Starr]] Professor of Economics at [[New York University Stern School of Business]]. Previously he was also a member of the advisory council of the RBI Academy and was a member of the Academic Council of the [[National Institute of Securities Markets]] (NISM), [[Securities and Exchange Board of India]] (SEBI) since 2014. <ref name="toi-viral-date-of-start" /> He resigned from the post in July 2019 with 6 months left for his completion of term.<ref name=H1>{{cite news \| url=https://www.thehindu.com/news/national/viral-acharya-quits-as-rbi-deputy-governor-six-months-before-term-ends/article28123070.ece \| title=Viral Acharya quits as RBI Deputy Governor six months before end of his term \| date=24 June 2019 \| newspaper=The Hindu \| access-date=10 September 2019 }}</ref>

	== Biography ==		== Biography ==
	=== Education ===		=== Education ===
	He went to Fellowship High School, Mumbai. Acharya was ranked fifth nationally in 1991 in the [[Joint Entrance Examination - Advanced\|Joint Entrance Examination]] on the basis of which admissions are made to the [[Indian Institutes of Technology]] in India.<ref name="SternCV">{{Cite web \|url=http://pages.stern.nyu.edu/~sternfin/vacharya/public_html/pdfs/ACHARYA-RESUME-Jan2017.pdf \|title=Viral Acharya Resume \|website=NYU Stern School of Business}}</ref> He graduated from the [[Indian Institute of Technology Bombay]] in 1995 with a [[Bachelor of Technology]] degree in [[Computer science\|Computer Science and Engineering]], receiving the President of India Gold Medal for attaining the highest grade point average in his batch.~~<ref name="SternCV"/>~~<ref name="viral-ind-express">{{cite news\|title=Viral Acharya appointed as deputy governor of RBI\|url=http://indianexpress.com/article/business/viral-acharya-rbi-deputy-governor-appointment-4448456/\|access-date=10 January 2017\|work=The Indian Express\|date=28 December 2016\|ref=viral-ind-express}}</ref><ref name="viral-nyu-stern-bio">{{cite web\|title=Biography of Viral V. Acharya\|url=http://www.stern.nyu.edu/faculty/bio/viral-acharya\|website=NYU Stern\|access-date=10 January 2017}}</ref>		He went to Fellowship High School, Mumbai. Acharya was ranked fifth nationally in 1991 in the [[Joint Entrance Examination - Advanced \|Joint Entrance Examination]] on the basis of which admissions are made to the [[Indian Institutes of Technology]] in India.<ref name="SternCV">{{Cite web \|url=http://pages.stern.nyu.edu/~sternfin/vacharya/public_html/pdfs/ACHARYA-RESUME-Jan2017.pdf \|title=Viral Acharya Resume \|website=NYU Stern School of Business}}</ref> He graduated from the [[Indian Institute of Technology Bombay]] in 1995 with a [[Bachelor of Technology]] degree in [[Computer science\|Computer Science and Engineering]], receiving the President of India Gold Medal for attaining the highest grade point average in his batch.<ref name="viral-ind-express">{{cite news\|title=Viral Acharya appointed as deputy governor of RBI\|url=http://indianexpress.com/article/business/viral-acharya-rbi-deputy-governor-appointment-4448456/\|access-date=10 January 2017\|work=The Indian Express\|date=28 December 2016\|ref=viral-ind-express}}</ref><ref name="viral-nyu-stern-bio">{{cite web\|title=Biography of Viral V. Acharya\|url=http://www.stern.nyu.edu/faculty/bio/viral-acharya\|website=NYU Stern\|access-date=10 January 2017}}</ref><ref name="SternCV"/>
			<ref>{{Cite journal\|url=https://www.clevelandfed.org/en/newsroom-and-events/publications/economic-commentary/2022-economic-commentaries/ec-202208-planning-for-surprises-learning-from-crises.aspx\| title=Planning for Surprises, Learning from Crises: The 2021 Financial Stability Conference\| date=2022\| doi=10.26509/frbc-ec-202208\| language=en \|accessdate=2022-05-11\| last1=Haubrich\| first1=Joseph G.\| journal=Economic Commentary (Federal Reserve Bank of Cleveland)\| issue=2022–08\| doi-access=free}}</ref>
	In his final year at [[IIT Bombay]], he enrolled in an elective in international finance.<ref>{{Cite news \|url=https://www.livemint.com/Leisure/jLerUQgSskkZ6qeILCGD3J/Viral-V-Acharya-The-change-agent.html \|title=Viral V. Acharya: The change agent \|last=Bandyopadhyay \|first=Tamal \|date=2017-06-23 \|work=Mint \|access-date=2018-05-23}}</ref> He initially joined the [[Doctor of Philosophy\|PhD program]] in [[computer science]] at [[New York University]], but after a year switched to the PhD program in finance at [[New York University Stern School of Business]]. He graduated in 2001, with his dissertation thesis titled ''Essays in Banking and Financial Institutions''.<ref name="SternCV"/><ref name="viral-ind-express" />		In his final year at [[IIT Bombay]], he enrolled in an elective in international finance.<ref>{{Cite news \|url=https://www.livemint.com/Leisure/jLerUQgSskkZ6qeILCGD3J/Viral-V-Acharya-The-change-agent.html \|title=Viral V. Acharya: The change agent \|last=Bandyopadhyay \|first=Tamal \|date=2017-06-23 \|work=Mint \|access-date=2018-05-23}}</ref> He initially joined the [[Doctor of Philosophy\|PhD program]] in [[computer science]] at [[New York University]], but after a year switched to the PhD program in finance at [[New York University Stern School of Business]]. He graduated in 2001, with his dissertation thesis titled ''Essays in Banking and Financial Institutions''.<ref name="SternCV"/><ref name="viral-ind-express" />

	=== Academic career ===		=== Academic career ===

	After obtaining his PhD, Acharya worked at the [[London Business School]] (LBS) from 2001 to 2008.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" /><ref name="viral-ec-times-1">{{cite news\|last1=Govardhana Rangan\|first1=M.C.\|title=Meet Viral Acharya, RBI's new deputy governor with a music album to his name\|url=http://economictimes.indiatimes.com/news/economy/finance/meet-viral-acharya-rbis-new-deputy-governor-with-a-music-album-to-his-name/articleshow/56219912.cms\|access-date=11 January 2017\|work=The Economic Times\|date=29 December 2016}}</ref> Between 2007 and 2009, he was the Academic Director of the Coller Institute of Private Equity at the LBS.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" /><ref name="viral-ec-times-1" /> In 2008, he received a Houblon-Norman Senior Fellowship at the [[Bank of England]].~~<ref name="SternCV"/>~~<ref name="viral-nyu-stern-bio" /><ref name="BoE-HN-Fellows">{{cite web\|title=Houblon-Norman and Geoge Fellows\|url=http://www.bankofengland.co.uk/research/Pages/houblonnorman/fellows.aspx\|website=Bank of England\|access-date=11 January 2017}}</ref> Since 2008, he is attached to the [[New York University Stern School of Business]] (NYU Stern), where he held the [[Cornelius Vander Starr\|C.V. Starr]] Professor of Economics chair.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" />		After obtaining his PhD, Acharya worked at the [[London Business School]] (LBS) from 2001 to 2008.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" /><ref name="viral-ec-times-1">{{cite news\|last1=Govardhana Rangan\|first1=M.C.\|title=Meet Viral Acharya, RBI's new deputy governor with a music album to his name\|url=http://economictimes.indiatimes.com/news/economy/finance/meet-viral-acharya-rbis-new-deputy-governor-with-a-music-album-to-his-name/articleshow/56219912.cms\|access-date=11 January 2017\|work=The Economic Times\|date=29 December 2016}}</ref> Between 2007 and 2009, he was the Academic Director of the Coller Institute of Private Equity at the LBS.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" /><ref name="viral-ec-times-1" /> In 2008, he received a Houblon-Norman Senior Fellowship at the [[Bank of England]].<ref name="viral-nyu-stern-bio" /><ref name="BoE-HN-Fellows">{{cite web\|title=Houblon-Norman and Geoge Fellows\|url=http://www.bankofengland.co.uk/research/Pages/houblonnorman/fellows.aspx\|website=Bank of England\|access-date=11 January 2017\|archive-date=3 August 2012\|archive-url=https://web.archive.org/web/20120803131806/http://www.bankofengland.co.uk/research/Pages/houblonnorman/fellows.aspx\|url-status=dead}}</ref><ref name="SternCV"/> Since 2008, he is attached to the [[New York University Stern School of Business]] (NYU Stern), where he held the [[Cornelius Vander Starr\|C.V. Starr]] Professor of Economics chair.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" />

	=== Reserve Bank of India ===		=== Reserve Bank of India ===
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	=== Books ===		=== Books ===
	* Viral V. Acharya, [https://in.sagepub.com/en-in/sas/quest-for-restoring-financial-stability-in-india/book276181/ ''Quest for Restoring Financial Stability in India''], SAGE Publishing India, July 2020		* Viral V. Acharya, [https://in.sagepub.com/en-in/sas/quest-for-restoring-financial-stability-in-india/book276181/ ''Quest for Restoring Financial Stability in India''] {{Webarchive\|url=https://web.archive.org/web/20220814015329/https://in.sagepub.com/en-in/sas/quest-for-restoring-financial-stability-in-india/book276181 \|date=14 August 2022 }}, SAGE Publishing India, July 2020
	* Viral V. Acharya, Thorsten Beck, Douglas D Evanoff, George G Kaufman and Richard Portes. [http://www.worldscientific.com/worldscibooks/10.1142/8865/ ''World Scientific Studies in International Economics''], 2013		* Viral V. Acharya, Thorsten Beck, Douglas D Evanoff, George G Kaufman and Richard Portes. [http://www.worldscientific.com/worldscibooks/10.1142/8865/ ''World Scientific Studies in International Economics''], 2013
	* Viral V. Acharya, Thomas Cooley, Matthew Richardson and Ingo Walter. [http://voxeu.org/content/dodd-frank-one-year/ ''Dodd-Frank: One Year On'']. New York University Stern School of Business and CEPR ebook		* Viral V. Acharya, Thomas Cooley, Matthew Richardson and Ingo Walter. [http://voxeu.org/content/dodd-frank-one-year/ ''Dodd-Frank: One Year On''] {{Webarchive\|url=https://web.archive.org/web/20220423180529/https://voxeu.org/content/dodd-frank-one-year \|date=23 April 2022 }}. New York University Stern School of Business and CEPR ebook
	* Viral V Acharya, Stijn van Nieuwerburgh, Matthew Richardson and Lawrence White. [http://press.princeton.edu/titles/9400.html/ ''Guaranteed To Fail: Fannie Mae, Freddie Mac and the Debacle of Mortgage Finance'']. Princeton University Press, March 2011 {{isbn\|1-4008-3809-6}}		* Viral V Acharya, [[Stijn Van Nieuwerburgh\|Stijn van Nieuwerburgh]], Matthew Richardson and Lawrence White. [http://press.princeton.edu/titles/9400.html/ ''Guaranteed To Fail: Fannie Mae, Freddie Mac and the Debacle of Mortgage Finance'']. Princeton University Press, March 2011 {{isbn\|1-4008-3809-6}}
	* Viral V. Acharya, Thomas Cooley, Matthew Richardson and Ingo Walter, editors. [http://www.wiley.com/WileyCDA/WileyTitle/productCd-0470768770.html/ ''Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance'']. John Wiley & Sons, November 2010		* Viral V. Acharya, Thomas Cooley, Matthew Richardson and Ingo Walter, editors. [http://www.wiley.com/WileyCDA/WileyTitle/productCd-0470768770.html/ ''Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance''] {{Webarchive\|url=https://web.archive.org/web/20170105213943/http://www.wiley.com/WileyCDA/WileyTitle/productCd-0470768770.html \|date=5 January 2017 }}. John Wiley & Sons, November 2010
	* Viral V. Acharya and Matthew Richardson. [http://www.wiley.com/WileyCDA/WileyTitle/productCd-0470499346.html/ ''Restoring Financial Stability: How to Repair a Failed System'']. John Wiley & Sons, March 2009		* Viral V. Acharya and Matthew Richardson. [http://www.wiley.com/WileyCDA/WileyTitle/productCd-0470499346.html/ ''Restoring Financial Stability: How to Repair a Failed System''] {{Webarchive\|url=https://web.archive.org/web/20161229101127/http://www.wiley.com/WileyCDA/WileyTitle/productCd-0470499346.html \|date=29 December 2016 }}. John Wiley & Sons, March 2009

	==See also==		==See also==
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	[[Category:Indian bankers]]		[[Category:Indian bankers]]
	[[Category:21st-century Indian economists]]		[[Category:21st-century Indian economists]]
	[[Category:~~Indian economists~~]]		[[Category:D. G. Ruparel College alumni]]
	[[Category:IIT Bombay alumni]]		[[Category:IIT Bombay alumni]]
	[[Category:New York University alumni]]		[[Category:New York University Stern School of Business alumni]]

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	'''Viral V. Acharya''' (born 1 March 1974) is an [[India~~\|Indian~~]] [[economist]] <!-- replace with present tense + current office holder on 20 January 2017 -->who was appointed as Deputy Governor of [[Reserve Bank of India]] (RBI). He also served as a member of the advisory council of the RBI Academy and was a member of the Academic Council of the [[National Institute of Securities Markets]] (NISM), [[Securities and Exchange Board of India]] (SEBI) since 2014. As of 23 January 2017, he was appointed to serve a three-year term as a Deputy Governor of the [[Reserve Bank of India]].<ref name="toi-viral-date-of-start" /> He resigned from the post in July 2019 with 6 months left for his completion of term.<ref name=H1>{{cite news \| url=https://www.thehindu.com/news/national/viral-acharya-quits-as-rbi-deputy-governor-six-months-before-term-ends/article28123070.ece \| title=Viral Acharya quits as RBI Deputy Governor six months before end of his term \| date=24 June 2019 \| newspaper=The Hindu \| access-date=10 September 2019 }}</ref>		'''Viral V. Acharya''' (born 1 March 1974) is an [[India]]n [[economist]] <!-- replace with present tense + current office holder on 20 January 2017 -->who was appointed as Deputy Governor of [[Reserve Bank of India]] (RBI). He also served as a member of the advisory council of the RBI Academy and was a member of the Academic Council of the [[National Institute of Securities Markets]] (NISM), [[Securities and Exchange Board of India]] (SEBI) since 2014. As of 23 January 2017, he was appointed to serve a three-year term as a Deputy Governor of the [[Reserve Bank of India]].<ref name="toi-viral-date-of-start" /> He resigned from the post in July 2019 with 6 months left for his completion of term.<ref name=H1>{{cite news \| url=https://www.thehindu.com/news/national/viral-acharya-quits-as-rbi-deputy-governor-six-months-before-term-ends/article28123070.ece \| title=Viral Acharya quits as RBI Deputy Governor six months before end of his term \| date=24 June 2019 \| newspaper=The Hindu \| access-date=10 September 2019 }}</ref>

	== Biography ==		== Biography ==
	=== Education ===		=== Education ===
	He went to Fellowship High School, Mumbai. Acharya was ranked fifth nationally in 1991 in the [[Joint Entrance Examination - Advanced \|Joint Entrance Examination]] on the basis of which admissions are made to the [[Indian Institutes of Technology]] in India.<ref name="SternCV">{{Cite web \|url=http://pages.stern.nyu.edu/~sternfin/vacharya/public_html/pdfs/ACHARYA-RESUME-Jan2017.pdf \|title=Viral Acharya Resume \|website=NYU Stern School of Business}}</ref> He graduated from the [[Indian Institute of Technology Bombay]] in 1995 with a [[Bachelor of Technology]] degree in [[Computer science\|Computer Science and Engineering]], receiving the President of India Gold Medal for attaining the highest grade point average in his batch.<ref name="viral-ind-express">{{cite news\|title=Viral Acharya appointed as deputy governor of RBI\|url=http://indianexpress.com/article/business/viral-acharya-rbi-deputy-governor-appointment-4448456/\|access-date=10 January 2017\|work=The Indian Express\|date=28 December 2016\|ref=viral-ind-express}}</ref><ref name="viral-nyu-stern-bio">{{cite web\|title=Biography of Viral V. Acharya\|url=http://www.stern.nyu.edu/faculty/bio/viral-acharya\|website=NYU Stern\|access-date=10 January 2017}}</ref~~><ref name="SternCV"/~~>		He went to Fellowship High School, Mumbai. Acharya was ranked fifth nationally in 1991 in the [[Joint Entrance Examination - Advanced\|Joint Entrance Examination]] on the basis of which admissions are made to the [[Indian Institutes of Technology]] in India.<ref name="SternCV">{{Cite web \|url=http://pages.stern.nyu.edu/~sternfin/vacharya/public_html/pdfs/ACHARYA-RESUME-Jan2017.pdf \|title=Viral Acharya Resume \|website=NYU Stern School of Business}}</ref> He graduated from the [[Indian Institute of Technology Bombay]] in 1995 with a [[Bachelor of Technology]] degree in [[Computer science\|Computer Science and Engineering]], receiving the President of India Gold Medal for attaining the highest grade point average in his batch.<ref name="SternCV"/><ref name="viral-ind-express">{{cite news\|title=Viral Acharya appointed as deputy governor of RBI\|url=http://indianexpress.com/article/business/viral-acharya-rbi-deputy-governor-appointment-4448456/\|access-date=10 January 2017\|work=The Indian Express\|date=28 December 2016\|ref=viral-ind-express}}</ref><ref name="viral-nyu-stern-bio">{{cite web\|title=Biography of Viral V. Acharya\|url=http://www.stern.nyu.edu/faculty/bio/viral-acharya\|website=NYU Stern\|access-date=10 January 2017}}</ref>

	In his final year at [[IIT Bombay]], he enrolled in an elective in international finance.<ref>{{Cite news \|url=https://www.livemint.com/Leisure/jLerUQgSskkZ6qeILCGD3J/Viral-V-Acharya-The-change-agent.html \|title=Viral V. Acharya: The change agent \|last=Bandyopadhyay \|first=Tamal \|date=2017-06-23 \|work=Mint \|access-date=2018-05-23}}</ref> He initially joined the [[Doctor of Philosophy\|PhD program]] in [[computer science]] at [[New York University]], but after a year switched to the PhD program in finance at [[New York University Stern School of Business]]. He graduated in 2001, with his dissertation thesis titled ''Essays in Banking and Financial Institutions''.<ref name="SternCV"/><ref name="viral-ind-express" />		In his final year at [[IIT Bombay]], he enrolled in an elective in international finance.<ref>{{Cite news \|url=https://www.livemint.com/Leisure/jLerUQgSskkZ6qeILCGD3J/Viral-V-Acharya-The-change-agent.html \|title=Viral V. Acharya: The change agent \|last=Bandyopadhyay \|first=Tamal \|date=2017-06-23 \|work=Mint \|access-date=2018-05-23}}</ref> He initially joined the [[Doctor of Philosophy\|PhD program]] in [[computer science]] at [[New York University]], but after a year switched to the PhD program in finance at [[New York University Stern School of Business]]. He graduated in 2001, with his dissertation thesis titled ''Essays in Banking and Financial Institutions''.<ref name="SternCV"/><ref name="viral-ind-express" />
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	=== Academic career ===		=== Academic career ===

	After obtaining his PhD, Acharya worked at the [[London Business School]] (LBS) from 2001 to 2008.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" /><ref name="viral-ec-times-1">{{cite news\|last1=Govardhana Rangan\|first1=M.C.\|title=Meet Viral Acharya, RBI's new deputy governor with a music album to his name\|url=http://economictimes.indiatimes.com/news/economy/finance/meet-viral-acharya-rbis-new-deputy-governor-with-a-music-album-to-his-name/articleshow/56219912.cms\|access-date=11 January 2017\|work=The Economic Times\|date=29 December 2016}}</ref> Between 2007 and 2009, he was the Academic Director of the Coller Institute of Private Equity at the LBS.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" /><ref name="viral-ec-times-1" /> In 2008, he received a Houblon-Norman Senior Fellowship at the [[Bank of England]].<ref name="viral-nyu-stern-bio" /><ref name="BoE-HN-Fellows">{{cite web\|title=Houblon-Norman and Geoge Fellows\|url=http://www.bankofengland.co.uk/research/Pages/houblonnorman/fellows.aspx\|website=Bank of England\|access-date=11 January 2017}}</ref~~><ref name="SternCV"/~~> Since 2008, he is attached to the [[New York University Stern School of Business]] (NYU Stern), where he held the [[Cornelius Vander Starr\|C.V. Starr]] Professor of Economics chair.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" />		After obtaining his PhD, Acharya worked at the [[London Business School]] (LBS) from 2001 to 2008.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" /><ref name="viral-ec-times-1">{{cite news\|last1=Govardhana Rangan\|first1=M.C.\|title=Meet Viral Acharya, RBI's new deputy governor with a music album to his name\|url=http://economictimes.indiatimes.com/news/economy/finance/meet-viral-acharya-rbis-new-deputy-governor-with-a-music-album-to-his-name/articleshow/56219912.cms\|access-date=11 January 2017\|work=The Economic Times\|date=29 December 2016}}</ref> Between 2007 and 2009, he was the Academic Director of the Coller Institute of Private Equity at the LBS.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" /><ref name="viral-ec-times-1" /> In 2008, he received a Houblon-Norman Senior Fellowship at the [[Bank of England]].<ref name="SternCV"/><ref name="viral-nyu-stern-bio" /><ref name="BoE-HN-Fellows">{{cite web\|title=Houblon-Norman and Geoge Fellows\|url=http://www.bankofengland.co.uk/research/Pages/houblonnorman/fellows.aspx\|website=Bank of England\|access-date=11 January 2017}}</ref> Since 2008, he is attached to the [[New York University Stern School of Business]] (NYU Stern), where he held the [[Cornelius Vander Starr\|C.V. Starr]] Professor of Economics chair.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" />

	=== Reserve Bank of India ===		=== Reserve Bank of India ===

>PearBOT II: Adding automatically generated short description. (BRFA)

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{{short description|Indian economist}}
{{Use dmy dates|date=September 2019}}
{{Use Indian English|date=September 2019}}
{{Infobox officeholder
| name = Viral Acharya
| image = Viral Acharya (2014).jpg
| caption = Viral Acharya (2014)
| office = [[Deputy Governor of the Reserve Bank of India]]
| term_start =23 January 2017<ref name="toi-viral-date-of-start">{{cite news|title=RBI gets its youngest deputy governor post-liberalization, with a record to boot|url=http://timesofindia.indiatimes.com/business/india-business/RBI-gets-its-youngest-dy-guv-post-lib-with-a-record-to-boot/articleshow/56227838.cms|access-date=13 February 2017|work=The Times of India|date=29 December 2016}}</ref>
| term_end = 23 July 2019
| governor = [[Urjit Patel]]<br> [[Shaktikanta Das]]
| alongside =
| predecessor = [[Urjit Patel]]<ref name="ec-times-viral-rbi-deputy-director">{{cite news|title=Government names Viral V Acharya as RBI Deputy Governor|url=http://economictimes.indiatimes.com/news/economy/policy/rbi-appoints-viral-acharya-as-deputy-governor/articleshow/56215987.cms|access-date=11 January 2017|work=The Economic Times|date=28 December 2016}}</ref>
| successor = [[Michael Patra]]<ref>{{Cite web|url=https://indianexpress.com/article/business/banking-and-finance/michael-patra-named-rbi-deputy-governor-6217017/|title=Michael Patra named RBI Deputy Governor|date=2020-01-15|website=[[The Indian Express]]|language=en-IN|location=[[Mumbai]]|oclc=70274541|access-date=2020-01-16|agency=ENS Economic Bureau}}</ref>
| birth_name = 
| birth_date = {{birth date and age|df=yes|1974|03|01}}
| birth_place =
| region =
| nationality = Indian
| boards = 
| known_for =
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| alma_mater = [[Indian Institute of Technology Bombay|IIT Bombay]] {{small|([[B.Tech.]])}}<br>[[New York University]] {{small|([[Ph.D.]])}}
| profession = [[Economist]]
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'''Viral V. Acharya''' (born 1 March 1974) is an [[India|Indian]] [[economist]] who was appointed as Deputy Governor of [[Reserve Bank of India]] (RBI). He also served as a member of the advisory council of the RBI Academy and was a member of the Academic Council of the [[National Institute of Securities Markets]] (NISM), [[Securities and Exchange Board of India]] (SEBI) since 2014. As of 23 January 2017, he was appointed to serve a three-year term as a Deputy Governor of the [[Reserve Bank of India]].<ref name="toi-viral-date-of-start" /> He resigned from the post in July 2019 with 6 months left for his completion of term.<ref name=H1>{{cite news | url=https://www.thehindu.com/news/national/viral-acharya-quits-as-rbi-deputy-governor-six-months-before-term-ends/article28123070.ece | title=Viral Acharya quits as RBI Deputy Governor six months before end of his term | date=24 June 2019 | newspaper=The Hindu | access-date=10 September 2019 }}</ref>

== Biography ==
=== Education ===
He went to Fellowship High School, Mumbai. Acharya was ranked fifth nationally in 1991 in the [[Joint Entrance Examination - Advanced |Joint Entrance Examination]] on the basis of which admissions are made to the [[Indian Institutes of Technology]] in India.<ref name="SternCV">{{Cite web |url=http://pages.stern.nyu.edu/~sternfin/vacharya/public_html/pdfs/ACHARYA-RESUME-Jan2017.pdf |title=Viral Acharya Resume |website=NYU Stern School of Business}}</ref> He graduated from the [[Indian Institute of Technology Bombay]] in 1995 with a [[Bachelor of Technology]] degree in [[Computer science|Computer Science and Engineering]], receiving the President of India Gold Medal for attaining the highest grade point average in his batch.<ref name="viral-ind-express">{{cite news|title=Viral Acharya appointed as deputy governor of RBI|url=http://indianexpress.com/article/business/viral-acharya-rbi-deputy-governor-appointment-4448456/|access-date=10 January 2017|work=The Indian Express|date=28 December 2016|ref=viral-ind-express}}</ref><ref name="viral-nyu-stern-bio">{{cite web|title=Biography of Viral V. Acharya|url=http://www.stern.nyu.edu/faculty/bio/viral-acharya|website=NYU Stern|access-date=10 January 2017}}</ref><ref name="SternCV"/>

In his final year at [[IIT Bombay]], he enrolled in an elective in international finance.<ref>{{Cite news |url=https://www.livemint.com/Leisure/jLerUQgSskkZ6qeILCGD3J/Viral-V-Acharya-The-change-agent.html |title=Viral V. Acharya: The change agent |last=Bandyopadhyay |first=Tamal |date=2017-06-23 |work=Mint |access-date=2018-05-23}}</ref> He initially joined the [[Doctor of Philosophy|PhD program]] in [[computer science]] at [[New York University]], but after a year switched to the PhD program in finance at [[New York University Stern School of Business]]. He graduated in 2001, with his dissertation thesis titled ''Essays in Banking and Financial Institutions''.<ref name="SternCV"/><ref name="viral-ind-express" />

=== Academic career ===

After obtaining his PhD, Acharya worked at the [[London Business School]] (LBS) from 2001 to 2008.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" /><ref name="viral-ec-times-1">{{cite news|last1=Govardhana Rangan|first1=M.C.|title=Meet Viral Acharya, RBI's new deputy governor with a music album to his name|url=http://economictimes.indiatimes.com/news/economy/finance/meet-viral-acharya-rbis-new-deputy-governor-with-a-music-album-to-his-name/articleshow/56219912.cms|access-date=11 January 2017|work=The Economic Times|date=29 December 2016}}</ref> Between 2007 and 2009, he was the Academic Director of the Coller Institute of Private Equity at the LBS.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" /><ref name="viral-ec-times-1" /> In 2008, he received a Houblon-Norman Senior Fellowship at the [[Bank of England]].<ref name="viral-nyu-stern-bio" /><ref name="BoE-HN-Fellows">{{cite web|title=Houblon-Norman and Geoge Fellows|url=http://www.bankofengland.co.uk/research/Pages/houblonnorman/fellows.aspx|website=Bank of England|access-date=11 January 2017}}</ref><ref name="SternCV"/> Since 2008, he is attached to the [[New York University Stern School of Business]] (NYU Stern), where he held the [[Cornelius Vander Starr|C.V. Starr]] Professor of Economics chair.<ref name="viral-ind-express" /><ref name="viral-nyu-stern-bio" />

=== Reserve Bank of India ===

On 28 December 2016, Acharya was appointed by the [[Government of India|Central Government of India]] as Deputy Governor of the [[Reserve Bank of India]] for a period of three years,<ref name="ec-times-viral-rbi-deputy-director" /><ref name="rbi-press-release-viral">{{cite web|title=Press Releases: Dr. Viral V. Acharya Appointed Deputy Governor, Reserve Bank of India|url=https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=39063|website=Reserve Bank of India|access-date=11 January 2017}}</ref> starting on 20 January 2017.<ref name="toi-viral-date-of-start" /> In June 2019, Viral Acharya quit as RBI Deputy Governor six months before end of his term.<ref name=H1 />

== Personal life ==
He has composed a music album titled ''Yaadon Ke Silsile''.<ref>{{Cite web |url=http://pages.stern.nyu.edu/~sternfin/vacharya/public_html/music/index.html |title=Viral Acharya: Yaadon Ke Silsile |website=pages.stern.nyu.edu |access-date=2018-05-23}}</ref>

==Awards==
Acharya is a recipient of the [[Alexandre Lamfalussy]] Senior Research Fellowship of the [[Bank for International Settlements]] for 2017, and the inaugural [[Bank of France|Banque de France]] and [[Toulouse School of Economics]] Junior Prize in Monetary Economics and Finance in 2011.<ref>{{Cite web |url=http://www.stern.nyu.edu/experience-stern/news-events/viral-acharya-named-deputy-governor-of-reserve-bank-of-india |title=NYU Stern Professor Viral Acharya Named Deputy Governor of the Reserve Bank of India |date=2017-01-09 |website=www.stern.nyu.edu |access-date=2018-05-23}}</ref>

== Bibliography ==

=== Books ===
* Viral V. Acharya, [https://in.sagepub.com/en-in/sas/quest-for-restoring-financial-stability-in-india/book276181/ ''Quest for Restoring Financial Stability in India''], SAGE Publishing India, July 2020
* Viral V. Acharya, Thorsten Beck, Douglas D Evanoff, George G Kaufman and Richard Portes. [http://www.worldscientific.com/worldscibooks/10.1142/8865/ ''World Scientific Studies in International Economics''], 2013
* Viral V. Acharya, Thomas Cooley, Matthew Richardson and Ingo Walter. [http://voxeu.org/content/dodd-frank-one-year/ ''Dodd-Frank: One Year On'']. New York University Stern School of Business and CEPR ebook
* Viral V Acharya, Stijn van Nieuwerburgh, Matthew Richardson and Lawrence White. [http://press.princeton.edu/titles/9400.html/ ''Guaranteed To Fail: Fannie Mae, Freddie Mac and the Debacle of Mortgage Finance'']. Princeton University Press, March 2011 {{isbn|1-4008-3809-6}}
* Viral V. Acharya, Thomas Cooley, Matthew Richardson and Ingo Walter, editors. [http://www.wiley.com/WileyCDA/WileyTitle/productCd-0470768770.html/ ''Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance'']. John Wiley & Sons, November 2010
* Viral V. Acharya and Matthew Richardson. [http://www.wiley.com/WileyCDA/WileyTitle/productCd-0470499346.html/ ''Restoring Financial Stability: How to Repair a Failed System'']. John Wiley & Sons, March 2009

==See also==
* [[Indians in the New York City metropolitan region]]

== References ==
{{Reflist}}

== External links ==
* [http://www.stern.nyu.edu/faculty/bio/viral-acharya/ Viral Acharya's NYU page]
* {{cite web|title=Works Cited|url=https://scholar.google.com/citations?user=iZAsYLgAAAAJ&hl=en&oi=ao|publisher=[[Google Scholar]]}}

{{Authority control}}
{{DEFAULTSORT:Acharya, Viral}}
[[Category:1974 births]]
[[Category:Living people]]
[[Category:Indian bankers]]
[[Category:21st-century Indian economists]]
[[Category:Indian economists]]
[[Category:IIT Bombay alumni]]
[[Category:New York University alumni]]