Acharya Opens Floodgates of Communication at RBI
Communication between the RBI and the industry seems to have improved, or at least appears to have gotten better with Dr Viral Acharya taking over some functions of the regulator since Jan 20. The newly appointed DG in charge of monetary policy, appears to be receptive to ideas as he meets bankers and treasury heads. Bankers say he is also quick to respond to any message or mail from them. Acharya, known to be keen on music, will make his debut at the monetary policy to be released on Wednesday.