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'''Viral V. Acharya''' (born 1 March 1974) is an [[India | '''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 | 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 | 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 === | ||