New Delhi, June 25 -- The news of RBI Deputy Governor Viral Acharya's premature exit from the central bank, although unfortunate, will not disturb the markets, state-run State Bank of India (SBI) said on Monday.
The bank's latest Ecowrap research report authored by SBI Chief Economist Soumya Kanti Ghosh said the exit of the Reserve Bank of India (RBI) Deputy Governor was not surprising.
"Though it was a rumor, but market had anticipated it after the resignation of former Governor Urjit Patel way back in December 2018," it said.
Acharya was appointed as the RBI Deputy Governor on January 23, 2017, for a 3-year term.
Citing unavoidable personal circumstances, however, he has decided to leave the RBI on July 23, 2019, six months before his...