Reserve Bank of India (RBI) deputy governor Viral Acharya has resigned six months before his term ends on January 20, 2020. Acharya, who joined RBI from New York University’s Stern School of Business, was a close aide of former governor Urjit Patel and it was his fiery speech in October 2018 that brought out the differences between RBI and the government.

The Reserve Bank, later in the day, confirmed the move and stated that "Acharya submitted a letter a few weeks ago saying he was unable to continue his term beyond July 23 due to unavoidable personal circumstances."

Many had expected that the deputy governor would step down along with Patel given that he was more voluble in his criticism of the government both in public speeches and in the contentious board meetings that took place last year. However, after he stayed on for three  

 At 42, he was among the youngest to take on such a senior position. A computer engineer from IIT Mumbai with a President’s medal in 1995, Acharya had secured a doctorate from NYU.

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