RBI’s Acharya Bats For Persisting With Prompt Corrective Action Framework
Viral Acharya, previously a professor of finance at New York University and now the deputy governor at the Reserve Bank of India, speaks during an event at the New York Stock Exchange. (Photographer: Jin Lee/Bloomberg)

RBI’s Acharya Bats For Persisting With Prompt Corrective Action Framework

Reserve Bank of India Deputy Governor Viral Acharya on Friday made a strong argument in favour of the regulator’s prompt corrective action framework, which has drawn flack from many quarters includ...
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