# Professor Viral Acharya's appointment to the Reserve Bank of India is highlighted; Dean Peter Henry is quoted

1 Faculty News January 19, 2017 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg_0.jpg?itok=qy2YlnxP)>

Excerpt from [Bloomberg](https://www.bloomberg.com/news/articles/2017-01-19/amid-india-s-central-bank-turmoil-new-deputy-enters-policy-fray) -- "'India is at an exciting but challenging time,' [Acharya](http://www.stern.nyu.edu/faculty/bio/viral-acharya) said in a statement last week released on the NYU Stern’s website. 'As one of the world’s fastest growing economies, India has the massive potential to become an economic powerhouse.'"

[Read more](https://www.bloomberg.com/news/articles/2017-01-19/amid-india-s-central-bank-turmoil-new-deputy-enters-policy-fray)