{"id":124443,"date":"2019-06-25T02:30:15","date_gmt":"2019-06-25T02:30:15","guid":{"rendered":"https:\/\/www.bnreport.com\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/"},"modified":"2019-06-25T02:30:15","modified_gmt":"2019-06-25T02:30:15","slug":"early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/","title":{"rendered":"Early exit of Acharya from RBI not to roil markets: SBI report"},"content":{"rendered":"<p>New Delhi: The early exit of <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/RBI\" rel=\"noreferrer noopener\" target=\"_blank\">RBI<\/a> Deputy Governor <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/Viral-Acharya\" rel=\"noreferrer noopener\" target=\"_blank\">Viral Acharya<\/a> was not surprising and will not roil the markets, the country&#039;s largest bank SBI said in a research report.<\/p>\n<p>Acharya, who in October last year had brought to light tensions with the government over independence of the central bank, resigned six months before the scheduled end of his term in the office.<\/p>\n<p>Acharya, 45, who was the only Deputy Governor of Reserve Bank on the six-member interest rate-setting <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/monetary-policy-committee\" rel=\"noreferrer noopener\" target=\"_blank\">monetary policy committee<\/a>, resigned from his position &quot;a few weeks&quot; back citing &quot;unavoidable personal circumstances&quot;, the Reserve Bank of India (RBI) said in a brief statement Monday.<\/p>\n<p>In his resignation, he expressed inability to continue beyond July 23, 2019, the RBI said.<\/p>\n<p>SBI&#039;s &#039;Ecowrap&#039; report said that the early exit of Acharya is not surprising.<\/p>\n<p>&quot;Though it was a rumour, but market had anticipated it after the resignation of former Governor Dr <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/Urjit-Patel\" rel=\"noreferrer noopener\" target=\"_blank\">Urjit Patel<\/a> way back in December 2018,&quot; it said.<\/p>\n<p>The report said that &quot;quite expectedly&quot; a few voices of concern are being raised here and there about the Deputy Governor&#039;s pre-mature exit, just like it was done when Governor <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/Raghuram-Rajan\" rel=\"noreferrer noopener\" target=\"_blank\">Raghuram Rajan<\/a> had left the RBI.<\/p>\n<p>&quot;On that occasion, a noted journalist, had quipped that &#039;If Rajan is asked to leave, India will suffer a mass exodus of foreign portfolio investment.&#039; Many economists had said that markets will not respond well to the news,&quot; it said, adding that the facts are otherwise.<\/p>\n<p>Capital flows, in fact, nearly doubled in first half of 2017-18 compared to the year-ago period.<\/p>\n<p>Forex reserves also grew, rupee appreciated and stock market also gained post one-year of Rajan&#039;s exit ann<a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/articleshow\/69931763.cms\" rel=\"noreferrer noopener\" target=\"_blank\"><strong>Read More \u2013 Source<\/strong><\/a><br \/>\n[contf]<br \/>\n[contfnew]<br \/>\n        <img decoding=\"async\" src=\"https:\/\/img.etimg.com\/photo\/60278104.cms\" \/><\/p>\n<h5><a href=\"https:\/\/economictimes.indiatimes.com\/\" rel=\"noreferrer noopener\" target=\"_blank\">ET Markets<\/a><\/h5>\n<p>[contfnewc]<br \/>\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: The early exit of RBI Deputy Governor Viral Achar..<\/p>\n","protected":false},"author":1,"featured_media":124444,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-124443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Early exit of Acharya from RBI not to roil markets: SBI report - Business News Report<\/title>\n<meta name=\"description\" content=\"New Delhi: The early exit of RBI Deputy Governor Viral Achar..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Early exit of Acharya from RBI not to roil markets: SBI report - Business News Report\" \/>\n<meta property=\"og:description\" content=\"New Delhi: The early exit of RBI Deputy Governor Viral Achar..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-25T02:30:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/06\/photo-8-11.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1070\" \/>\n\t<meta property=\"og:image:height\" content=\"580\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Early exit of Acharya from RBI not to roil markets: SBI report\",\"datePublished\":\"2019-06-25T02:30:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\\\/\"},\"wordCount\":306,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/photo-8-11.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\\\/\",\"name\":\"Early exit of Acharya from RBI not to roil markets: SBI report - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/photo-8-11.jpg\",\"datePublished\":\"2019-06-25T02:30:15+00:00\",\"description\":\"New Delhi: The early exit of RBI Deputy Governor Viral Achar..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/photo-8-11.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/photo-8-11.jpg\",\"width\":1070,\"height\":580},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Early exit of Acharya from RBI not to roil markets: SBI report\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics &amp; Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Early exit of Acharya from RBI not to roil markets: SBI report - Business News Report","description":"New Delhi: The early exit of RBI Deputy Governor Viral Achar..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/","og_locale":"en_US","og_type":"article","og_title":"Early exit of Acharya from RBI not to roil markets: SBI report - Business News Report","og_description":"New Delhi: The early exit of RBI Deputy Governor Viral Achar..","og_url":"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2019-06-25T02:30:15+00:00","og_image":[{"width":1070,"height":580,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/06\/photo-8-11.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Early exit of Acharya from RBI not to roil markets: SBI report","datePublished":"2019-06-25T02:30:15+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/"},"wordCount":306,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/06\/photo-8-11.jpg","articleSection":["Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/","url":"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/","name":"Early exit of Acharya from RBI not to roil markets: SBI report - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/06\/photo-8-11.jpg","datePublished":"2019-06-25T02:30:15+00:00","description":"New Delhi: The early exit of RBI Deputy Governor Viral Achar..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/06\/photo-8-11.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/06\/photo-8-11.jpg","width":1070,"height":580},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/early-exit-of-acharya-from-rbi-not-to-roil-markets-sbi-report\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Early exit of Acharya from RBI not to roil markets: SBI report"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics &amp; Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/124443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=124443"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/124443\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/124444"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=124443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=124443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=124443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}