Viral Acharya's resignation: RBI union moots collegium of experts to select governors, deputy governors

The All-India Reserve Bank Employees Association said, "Such sensitive and very important positions at the central bank must be decided not by a few ministry officials, even not by the finance minister himself, but by a collegium of experts comprising former governors, other prominent central bankers and economists." 

Viral Acharya's resignation: RBI union moots collegium of
Acharya, the youngest ever deputy governor, resigned from his position a few weeks back citing "unavoidable personal circumstances" and will be leaving the Mint Road office on July 23. Image source: PTI

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