June 24, 2019 / 6:27 AM / 2 months ago

India cenbank confirms deputy Acharya has resigned

MUMBAI, June 24 (Reuters) - India’s central bank confirmed on Monday that deputy governor Viral Acharya has resigned.

Acharya submitted a letter a few weeks ago saying he was unable to continue his term beyond July 23 due to unavoidable personal circumstances, the Reserve Bank of India (RBI) said in a news release.

“Consequential action arising from his letter is under consideration of the competent authority,” the RBI said.

The Business Standard newspaper earlier in the day reported that Acharya had resigned and would be returning to the New York University Stern School of Business in August instead of February next year. (Reporting by Swati Bhat; Editing by Kim Coghill)

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