# Prof. Viral Acharya on outgoing Reserve Bank of India Governor Duvvuri Subbarao's performance

1 Faculty News August 21, 2013 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://blogs.wsj.com/indiarealtime/2013/08/21/subbaraos-report-card/?KEYWORDS=%22stern+school%22) -- “'He did very well to refuse the pressure of lowering interest rates at the time when government deficits were mounting last year,' said [Viral Acharya](http://w4.stern.nyu.edu/faculty/bio/viral-acharya), a professor at New York University’s Stern School of Business."

[Read more](http://blogs.wsj.com/indiarealtime/2013/08/21/subbaraos-report-card/?KEYWORDS=%22stern+school%22)