India will soon start searching for a successor to central bank Deputy Governor Viral Acharya after the outspoken monetary policy maker asked to leave his post six months before his term ends.
The successful candidate would be the only deputy governor out of four at the Reserve Bank of India who will sit on the six-member Monetary Policy Committee. Acharya’s successor would also head the RBI’s monetary policy and research departments.
The post has traditionally gone to an economist outside the central bank. Prior to Acharya, it was held by Urjit Patel, who was later elevated to the post of governor. The