<b>Letters</b>: Balancing act required

Govt has exhibited courage in appointing US-based Viral Acharya to the key RBI post

With reference to the editorial, “‘Foreign hand’ at RBI” (January 5), choosing an outsider for the top post in a large organisation is fraught with risk, as the duel between Tata Sons and its ousted chairman, Cyrus Mistry, shows. 

When an organisation demands autonomy to the extent of differing with the owners, the selection of the new incumbent is a greater challenge. Viewed in this light, the government has exhibited courage in appointing the young, US-based Viral Acharya (pictured) to the key post of deputy governor of Reserve Bank of India. While his reputation as a champion of the independence of