Viral V Acharya

All stories by Viral V Acharya

How to solve financial sector's $75 bn problem

How to solve financial sector's $75 bn problem

Rediff.com28 Sep 2020

'The solution is to enable a graceful transfer of the deposit and funding 'franchise' from capital-deficient firms to capital-surplus firms.' 'This will expand credit intermediation, bring down its costs, and put the financial sector on a definite path of recovery,' argues former RBI deputy governor Viral Acharya.