[

n. k. vishwanathan

]
Viral Acharya, deputy governor of the Reserve Bank of India, resigned six months before his term ends, Business Standard reported, citing him.(Mint File Photo)

RBI deputy governor Viral Acharya quits 6 months before his term ends: Report

Bloomberg | By Subhadip Sircar
UPDATED ON JUN 24, 2019 09:04 AM IST
He took office at the RBI in January 2017 for a three-year term. His departure follows Urjit Patel’s sudden resignation in December last year amid rising tension between the central bank and the government about the RBI’s independence.
A security guard stands at the gate of the Reserve Bank of India (RBI) headquarters in New Delhi, India.(Bloomberg)
A security guard stands at the gate of the Reserve Bank of India (RBI) headquarters in New Delhi, India.(Bloomberg)

Who will be the next RBI governor, some probable candidates here

By Vrishti Beniwal, Bloomberg
UPDATED ON DEC 11, 2018 11:47 AM IST
There’s no obvious successor yet, and given the cloud under which Patel left -- amid a public fight with the government over the Reserve Bank of India’s autonomy -- investors are naturally anxious about who will take the helm.
The Reserve Bank of India’s move comes as a relief to lenders battling near-record bad loans and spurred a rally in bank shares in late trading on Thursday.(Mint File Photo)
The Reserve Bank of India’s move comes as a relief to lenders battling near-record bad loans and spurred a rally in bank shares in late trading on Thursday.(Mint File Photo)

RBI defers new accounting rules for banks by a year

Reuters, Mumbai | By HT Correspondent
UPDATED ON APR 05, 2018 08:09 PM IST
The regulator, which had earlier ordered the banks to move by April 1 to the Ind AS accounting standard, a variant of IFRS, said on Thursday pending rule changes it had decided to delay the implementation of the new accounting system.
SHARE
Story Saved