"Quest for Restoring Financial Stability in India" (Amazon book link for India) SAGE India Publishing, July 2020
- Based on speeches while a Deputy Governor at the Reserve Bank of India (23rd Jan 2017 - 23rd July 2019)
- A new introductory chapter titled "Fiscal Dominance: A Theory of Everything in India"
- My share of proceeds will all go towards Pratham India: Every Child in School & Learning Well and PrathamUSA
Book Excerpts, Articles, and Opeds:
Interviews
- (Panel) SKOCH Policy for Financial Stability | India Economic Forum & LITFest | 08 Mar 2022, with Tamal Bandyopadhyay - moderator, Ashima Goyal, Rupa Rege-Nitsure, Rajeswari Sengupta, Sonal Varma, Ananth Narayan and Dharmakirti Joshi
- (Podcast) Financial Sector in India's Economy, on Times of India, with Pravin Krishna and Arvind Panagariya
- (Podcast) Viral Acharya on India's Quest for Financial Stability, on Grand Tamasha, with Milan Vaishnav
- (Podcast) Viral Acharya on Restoring Financial Stability in India, Ideas for India, with Shruti Rajagopalan
- (Podcast) The Fight of the Central Banker: Episode 193 of The Seen and The Unseen, with Amit Varma
- (Podcast) Fixing Indian Bank NPAs and The Role of RBI Deputy Governor, Think Pragati, with Pavan Srinath
- Reviving India’s Economic Growth post COVID (with Gagan Singh and Vinay Karle, IIT Bombay Heritage Fund)
- Yale University (with Andrew Metrick)
- George Washington University (with Liaquat Ahamed and Rakesh Mohan)
- NYU Stern School of Business (with Dean Raghu Sundaram)
- Vox Talk (Podcast) with Tim Phillips, Center for Economic Policy Research (CEPR)
- ET Now (with Mythili Bhusnurmath)
- Bloomberg Quint (with Ira Dugal)
- Business Standard Bankers' Trust (with Tamal Bandyopadhyay)
- India's "Deep" Banking Sector Problems (with Mitali Mukherjee, The Wire)
- With Prof Ananth Narayan, S P Jain Institute (SPJIMR)
- Indian School of Business (with Professor Bhagwan Chowdhry)
- Manthan (with Professor Ananth Narayan)
- Ahmedabad University (with Professor Amol Agrawal)
- Samuh (With Vivek Kaul - author of "Bad Money", for book club organized by Pravin Palande and Pravin Subramaniam)
- Ecoholics (with Sanat Shrivastava)
- India Today News (with Rajdeep Sardesai)
- MoneyControl (with Dinesh Unnikrishnan)
- Indian Express Idea Exchange session
- Economic Times (with M C Govardhana Rangan)
- Hindustan Times (with Roshan Kishore)
- Deccan Herald
- The Print
- The New Indian Express
- Forbes India (with Pooja Sarkar)
- Exits are a form of dissent, nudge system onto right path The Indian Express
- NDTV (with Sarah Jacob)
- CNBC TV (with Latha Venkatesh)
- Bloomberg
- StudyIQ (with Dr Mahipal Rathore)
- The Prode (with Ritwij Shandilya)
Book Reviews:
- Review by Rajeev Dhawan, Georgia State University, Business Economics (2021) 56:262–264
- Former RBI deputy governor Viral Acharya explains India's economy without jargon, by Katya Naidu (The Free Press Journal)
- Myopic vision: India' central bank and ministry of finance, by Anup Sinha (The Telegraph online)
- Podcast review by Vivek Kaul, (author of "Bad Money"), for Forbes India
- More things change, more they remain the same, by Vivek Kaul (author of "Bad Money"), New Indian Express
- Review by Dr. Duvvuri Subbarao, former Governor of the Reserve Bank of India, Central Banking
- How to fix India's debt-laden banking system in the middle of COVID storm, by Raghuram G Rajan, The Economic Times
- What ails Indian banking, by Tamal Bandyopadhyay, Business Standard
- A Theory of Fiscal Dominance in India, by Usha Thorat, Hindu Business Line
- Viral Acharya speaks truth to power in 'Quest for restoring financial stability in India', by Ananth Narayan, CNBC TV
- The insider’s take: A collection of speeches sets the stage for constructive debate on fiscal stability, by Ananth Narayan, Financial Express
- Risks to Financial Stability, by Ajit Ranade, Deccan Herald
- Eternal Quest for Financial Stability, by Rupa Rege Nitsure, Navhind Times
- Viral Acharya’s Quest for Restoring Financial Stability in India, by Amol Agrawal, Mostly Economics
- A Theory of Everything, by M S Sriram, Business Standard (BS)
- Letter to BS: No Gender Biases, says Ex-RBI Deputy Governor Viral Acharya
- Different ideas, by Ashok Desai, The Telegraph India
- Silent No More, The Economist
- Lok Satta (in Marathi)
- How the Centre meddled with the central bank, by Rajrishi Singhal, Livemint
- Central Bank and the Government: providing primacy to an Important Debate (The Book Review by TCA Ranganathan)
- Maharashtra Times (in Marathi) (close-up of blurb)
- Pustok Parichoi
- Chitralekha (in Gujarati)
- Dilution of efficiency-based principles has implications for all borrowers, not just the chronically unhealthy, by Amartya Lahiri (Indian Express)
Book Launch
- Book Launch event organized by SAGE Publishing India featuring Dr Y V Reddy, Dr Duvvuri Subbarao, Dr Prachi Mishra, Tamal Bandhyopadhyay, Dr Sajjid Chinoy and Dr Viral V Acharya (July 31, 2020)
- Former RBI Deputy Governor Viral Acharya calls for reprivatisation of healthy PSBs, by Shreya Nandi, Mint
- India not close to situation for debt monetisation, by PTI, Financial Express
- Need to divest stakes in public sector banks in graceful manner, by PTI, Financial Express
- Former RBI Deputy Governor Viral Acharya warns against privatisation of PSU banks at discounted prices, by PTI, MoneyControl
- Insights to achieve financial stability (The New Indian Express)
Other Media Coverage
- Ex-Central Banker Cautions India Against Deficit Financing, by Anirban Nag, Bloomberg
- We must not hesitate to spend on a revival, Mint
- RBI must keep public interest before personnel's career growth, by Anand Adhikari, Business Today
- RBI faced "intense pressure" on liquidity, by Rajeev Jayaswal, Hindustan Times
- The government, PSU Banks and RBI became one joint family, by Mayur Shetty, The Times of India
- Patel, Acharya finally break silence on their premature exit from RBI, by Sunitha Natti, The New Indian Express
- Where is the money to fund economic revival? by Prabhash K Dutta, India Today
- Government wanted to weaken the autonomy of RBI, AajTak
- Viral Acharya says call for high RBI surplus a coercive monetisation, by Adrija Chatterjee, Cogencis
- RBI diluting measures prescribed for financial stability, MoneyControl
- The Old, The New And The Aspirational, by Ira Dugal, BloombergQuint
- Viral Acharya On India's Incomplete Bank Cleanup, Liquidity Policy And His Exit, BloombergQuint
- RBI Lost its Governor on the "Altar of Financial Stability", The Wire
- Reopen IBC courts in the next 3 months, by Gopika Gopakumar, Mint
- Banks can learn from shampoo sachet revolution of 1970s, Deccan Herald
- The repo rate cut cycles help PSBs shore up capital, by Vivek Kaul, Mint
- Need to learn from global best practices for RBI appointments, by Joe C Mathew, Business Today
- Create "Bandhan Bank" like niche business models for weaker PSU banks, by Joe C Mathew, Business Today
- Former RBI deputy attacks government over fiscal dominance, by Daniel Hinge, Central Banking
- Viral Acharya asks Public Sector Banks to take credit lessons from FMCG players, by PTI, Deccan Herald
- India must not neglect bank recap despite pandemic, says former RBI deputy governor, by Swati Bhat, Reuters
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